SEC files criminal complaints vs. four companies

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 55%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Defining the News

The Securities and Exchange Commission said Tuesday it filed criminal complaints against four groups allegedly found to be illegally soliciting investments from the public.

The SEC also implicated the respective incorporators and officers of the entities in the complaints filed with the Department of Justice. Persons found guilty of the provisions of the SRC face a fine of up to P5 million, or imprisonment of up to 21 years, or both. Great 4 International Marketing Corp., operating under the business name and style Home Organic Wellness, disseminated to the public leaflets, brochures and marketing paraphernalia offering a guaranteed monthly income equal to 14.4 percent of the amount invested in 18 months, the SEC said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 20. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين