Action against Respondent, assistant to the sole officer and director of a microcap company, for participation in an alleged fraudulent private offering.  The SEC alleges that Respondent recruited participants for sham private offerings and facilitated the transfer of shares controlled by his principal.  The SEC further alleges that after covertly gaining a controlling share of a microcap company, Respondent inflated trading volume and price before exiting his position.  Respondent agreed to cease and desist from violating the antifraud provisions of the securities laws.

SEC Order

Related to Panos

Related to Nielson