SEC Obtains Final Consent Judgment as to Alleged Orchestrator of $100 Million Fraudulent Scheme Involving Two Mutual Funds
February 28, 2026
February 28, 2026
WASHINGTON, Feb. 28 -- The Securities and Exchange Commission issued the following litigation release (No. 21-cv-05429; S.D.N.Y. filed June 21, 2021) involving an alleged orchestrator of $100 million fraudulent scheme:
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On February 25, 2026, the United States District Court for the Southern District of New York entered a final consent judgment as to Ofer Abarbanel, the manager of two mutual funds: the Income Collecting 1-3 Months T-Bills Mutual Fund and the State F . . .
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On February 25, 2026, the United States District Court for the Southern District of New York entered a final consent judgment as to Ofer Abarbanel, the manager of two mutual funds: the Income Collecting 1-3 Months T-Bills Mutual Fund and the State F . . .