United States Securities and Exchange Commission v. Rogas et al

  1. September 09, 2024

    Cybersecurity Co. Founders To Pay $1.6M In SEC Fraud Suit

    The co-founders of a now-bankrupt cybersecurity firm have agreed to pay nearly $1.6 million to end the U.S. Securities and Exchange Commission's claims that they used doctored financial records to convince investors to fund their company to the tune of $100 million.

  2. March 15, 2024

    Cybersecurity Co. Co-Founder Must Face SEC Fraud Claims

    A New York federal judge determined that the U.S. Securities and Exchange Commission has sufficiently alleged that the co-founder of a now-bankrupt cybersecurity company raked in over $6.2 million in ill-gotten gains by participating in a fraudulent securities scheme that defrauded investors of over $100 million.

  3. November 03, 2022

    Ex-CEO Gets 5 Years For 'Massive Fraud' At Fallen Cyber Co.

    A Manhattan federal judge sentenced a Nevada programmer and former CEO to five years in prison Thursday for a "brash" course of lies and fraud while running a cyberfraud prevention startup that went bankrupt despite $123 million of investor backing.

  4. September 17, 2020

    Cyber Fraud Prevention Co.'s Ex-CEO Charged In $123M Fraud

    The founder and former CEO of a Las Vegas cyber fraud prevention company is facing charges of securities and wire fraud for allegedly falsifying bank statements by up to $60 million at a time to spur investors into providing $123 million in two funding rounds, according to federal prosecutors.