Ponzi Scheme

A federal judge granted the SEC request for final judgment ordering Ponzi scheme operator Wendy Ko to pay $84 million in fines and disgorgement, and her former husband Yin Nan “Michael” Wang to pay $1.6 million.

LOS ANGELES – A federal judge granted the SEC request for final judgment ordering Ponzi scheme operator Wendy Ko to pay $84 million in fines and disgorgement, and her former husband Yin Nan “Michael” Wang to pay $1.6 million.

Categories / Securities

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