Action against Defendant, a former CEO of a public mining company, for misappropriation of investor funds.  The SEC has named an entity controlled by Defendant CEO as a relief defendant.  According to the SEC, Defendant transferred investor funds from the corporation to a different entity under his control in order to purchase equipment and services.  The SEC also alleges that Defendant falsified related documents shown to an independent auditor.

SEC Litigation Release 

SEC Complaint