Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop a fraudulent scheme promoted through Reddit, a popular social media platform.
All tagged investment scheme
Enforcement Actions Against 15 Online Investment Scammers
Commissioner Announces Series of Sweeping Actions Against Fifteen Online Crypto, Forex and Binary Options Investment Scammers.
Commissioner Brings New Action to Stop Family from Continuing Fraud
Despite the prior regulatory, civil and criminal actions, Brian and Kristi Alfaro didn’t stop. In April 2020 – while Brian Alfaro was under house arrest awaiting criminal sentencing - they allegedly began perpetrating a new securities scheme.