Litigation: SEC Charges Georgia Man, Florida Lawyer for Their Roles in Fraudulent Investment Scheme
July 27, 2024
July 27, 2024
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.:
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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 . . .
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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 . . .