United States Securities and Exchange Commisison v. Hede et al

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Case overview

Case Number:

1:20-cv-06724

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Judge:

Sidney H. Stein

  1. February 12, 2021

    Ex-Brokers Settle With SEC In $22M Belize Airport Ponzi Row

    Two former brokers will pay a combined $1.37 million to resolve a U.S. Securities and Exchange Commission suit accusing them of selling unregistered securities to some of the victims of a $22 million Ponzi scheme fronted by a purported airport project in Belize.

  2. August 21, 2020

    SEC Sues Ex-Brokers For Role In $22M Belize Airport Ponzi

    The U.S. Securities and Exchange Commission targeted two former brokers in New York federal court on Friday for the unregistered sale of securities to about half of the investor victims in a $22 million Ponzi scheme fronted by a purported airport project in Belize.