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SEC Charges California Insurance Agents, Their Firm for Fraudulent Securities Offering
February 19, 2025
WASHINGTON, Feb. 19 -- The Securities and Exchange Commission issued the following litigation release (No. 5:25-cv-01666; N.D. Cal. filed Feb. 18, 2025) involving Namah Wealth Creation and Preservation L.P., Harshad Shah and Virendra Parekh:

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The Securities and Exchange Commission today filed charges against Harshad Shah, Virendra Parekh, and their Milpitas, California-based firm, Namah Wealth Creation and Preservation, L.P., for allegedly perpetrating a $1.5 milli . . .

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