Tag: Ronald Bauer

SEC Charges 8 in Cross-Border Penny Stock Fraud Scheme

Securities and Exchange Commission v. Ronald Bauer et al. Case No. 1:22-cv-03089 (S.D.N.Y. filed April 14, 2022) SEC announced charges against eight individuals for participating in a long-running fraudulent scheme that generated over $145 million from unlawful sales of penny stocks and caused significant harm to retail investors in the United States and around the world. Defendants. UK-resident Ronald Bauer…