Articles Posted in Foreign Investors

Securities and Exchange Commission v. Imperia Invest IBC, Civil Action No. 2:10-cv-00986-B (D. Utah) On October 6, 2010, the Securities and Exchange Commission obtained a temporary restraining order and emergency asset freeze against Imperia Invest IBC (“Imperia”) for defrauding more than 14,000 investors worldwide. The Commission’s complaint alleges Imperia raised in excess of $7 million,…

Oil and Gas Fraud – Targeting Foregin Investors: In our continuing effort to keep foreign investors appraised on investment frauds directed toward them, we are providing you with a copy of a recent Securities and Exchange Commission litigation release concerning an investment that focused on individuals primarily located in Australia, England and Canada. We have…

Securities and Exchange Commission v. Pharma Holdings, Inc., Edward Klapp IV and Edward Klapp Jr. Civil Action No. 10-cv-81615 (S.D. Fla., filed December 22, 2010) The Securities and Exchange Commission on December 22, 2010 charged Jupiter, Florida-based Pharma Holdings, Inc., its CEO Edward Klapp IV, and its CFO Edward Klapp Jr., with violations of the…

If you are Foreign Investor, Limit your Chance of Getting Fleeced:Avoid Getting Burned by “Hot” U.S. Stocks or Precious Metal Scams Many foreign investors, for any number of reasons, including the stability of the U.S. government, its financial system and the regulatory scheme associated with its financial markets, seek to invest in U.S. stocks, precious…