SEC Charges NovaTech and Its Principals and Promoters With $650 Million Crypto Fraud
August 13, 2024
August 13, 2024
WASHINGTON, Aug. 13 -- The Securities and Exchange Commission issued the following news release on Aug. 12, 2024:
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Multi-level marketing company promoted scheme to defraud more than 200,000 investors worldwide
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The Securities and Exchange Commission today announced charges against Cynthia and Eddy Petion, along with their company, NovaTech Ltd., for operating a fraudulent scheme that raised more than $650 million in crypto assets fro . . .
* * *
Multi-level marketing company promoted scheme to defraud more than 200,000 investors worldwide
* * *
The Securities and Exchange Commission today announced charges against Cynthia and Eddy Petion, along with their company, NovaTech Ltd., for operating a fraudulent scheme that raised more than $650 million in crypto assets fro . . .