Securities Fraud

The SEC claims that Keenan Gracey, 27, of Clyde Hill, Wash., took more than $2 million for bogus “pre-IPO” shares that do not exist. “Instead, Gracey just steals the money," the <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/05/SEC.fraud_.pdf">federal complaint</a> </strong> states.

LOS ANGELES — The SEC claims in a federal complaint that Keenan Gracey, 27, of Clyde Hill, Wash., took more than $2 million for bogus “pre-IPO” shares that do not exist. “Instead, Gracey just steals the money,” the complaint states.

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