Tag: ” said Sanjay Wadhwa

SEC Charges Major PledgeMusic Shareholder With $25M In Penny Stock Fraud

Joshua Sason, whose Magna Group is one of PdgeMusic's largest investors, has been sued by the U.S. Securities and Exchange Commission for fraud. A Friday SEC filing accuses Sason of. Continue reading

Bruce Houghton on 02/19/2019 in D.I.Y. | Permalink | Comments (0)

Tags: "Magna Group and its co-defendants used fake debt instruments to unlawfully obtain shares in microcap companies, ” said Sanjay Wadhwa, of the SEC’s New York office. “This action demonstrates the resolve of the SEC in pursuing fraudsters who use elaborate financing schemes to engage in securities fraud.”, which they then dumped on unsuspecting retail investors

Share on: