Securities and Exchange Commission v. Morgan et al

  1. September 16, 2020

    SEC Settles Claims Over $110M 'Ponzi-Like' Scheme

    The U.S. Securities and Exchange Commission agreed to drop its civil suit against a real estate mogul indicted for running a $110 million "Ponzi-like" mortgage fraud scheme, citing his decision to sell off $66 million in property to pay back investors.

  2. June 14, 2019

    Indicted NY Real Estate Mogul Avoids SEC Asset Freeze

    Landlord Robert C. Morgan struck a deal with the U.S. Securities and Exchange Commission on Friday taking a potential asset freeze off the table that he said was hampering his ability to defend himself against allegations of systematic mortgage fraud.

  3. June 06, 2019

    SEC Gets Partial TRO Against 'Ponzi-Like' Entities

    The U.S. Securities and Exchange Commission has scored a partial victory in its case against a landlord accused of running a $110 million "Ponzi-like" scheme, as a New York federal court agreed to force some entities into receivership but held off on doing the same for another.

  4. May 22, 2019

    Landlord Indicted, Sued By SEC Over 'Ponzi-Like' Con

    A major landlord and his associates are facing a 114-count criminal indictment and a civil suit from the U.S. Securities and Exchange Commission for their alleged roles in a "Ponzi-like" mortgage fraud scheme that caused millions in losses, according to Wednesday New York federal court filings.