Action against Defendants, an electrical and building contractor and an accountant, for alleged fraud. According to the SEC, Defendants solicited investments in a program to purchase and lease electric generators. The SEC alleges that Defendants never purchased the generators and instead used investor funds to make Ponzi-like payments to earlier investors. The SEC further alleges that Defendants created false certificates of inspection and false financial statements to conceal the scheme. Defendants have agreed to pay monetary relief in amounts to be determined by the court. Defendants have been charged in a parallel criminal proceeding.