Tag: z.SECLitigation
SEC Charges President/CCO of Prophecy Asset Management Advisory Firm with Multi-Year Fraud
Washington D.C., Nov. 2, 2023 — The Securities and Exchange Commission today charged John Hughes, president and chief compliance officer of registered investment adviser Prophecy Asset Management LP, for his involvement in a multi-year fraud that concealed losses of hundreds of millions of dollars from investors. Prophecy Asset Management advised multiple hedge funds and reported more than $500 million in assets under management. The SEC’s complaint alleges that Hughes and his associates at Prophecy Asset Management misled the funds’ investors,…
Fraud Scheme: Christopher A. Slaga, Q4 Capital, LLC, J4 Capital Advisors LLC, and Hayden F. Greene
SEC Charges Recidivist and Others in Offering Fraud Scheme Lit. Release No. 25804 / August 7, 2023 Securities and Exchange Commission v. Christopher A. Slaga a/k/a Keith Renko, Q4 Capital, LLC, J4 Capital Advisors LLC, and Hayden F. Greene, No. 8:23-cv-01425 (C.D. Cal. filed August 7, 2023) The Securities and Exchange Commission filed today a complaint in U.S. District Court for the Central District of California charging Christopher Slaga and two entities he controlled, Q4 Capital, LLC and J4 Capital…
