SEC · announcement · urgent
SEC charges three Toms River residents in $47M affinity fraud
The SEC charged three residents of Toms River, New Jersey in connection with an alleged affinity investment fraud. The scheme raised approximately $47 million from more than 87 investors, primarily members of Orthodox Jewish communities.
- Agency
- SEC
- Jurisdiction
- US-FED
- Action type
- announcement
- Severity
- urgent — penalty-bearing, effective immediately, or a serious health hazard
- Published
- Recorded
- Tags
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