WASHINGTON, July 27 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-03309; N.D. Ga. filed July 25, 2024) involving Roosevelt Tobias Bailey, et al.: * * * On July 25, 2024, the Securities and Exchange Commission charged 68-year-old Roosevelt Tobias Bailey, of Buford, Georgia, and his company, Borg Investment Bank & Capital Trust, with conducting a fraudulent prime bank and gold and diamond investment scheme. The SEC also charged Alvin C. Jones, Esq  more