Securities and Exchange Commission v. Morgan et al
Case Number:
1:19-cv-00661
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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September 16, 2020
SEC Settles Claims Over $110M 'Ponzi-Like' Scheme
The U.S. Securities and Exchange Commission agreed to drop its civil suit against a real estate mogul indicted for running a $110 million "Ponzi-like" mortgage fraud scheme, citing his decision to sell off $66 million in property to pay back investors.
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June 14, 2019
Indicted NY Real Estate Mogul Avoids SEC Asset Freeze
Landlord Robert C. Morgan struck a deal with the U.S. Securities and Exchange Commission on Friday taking a potential asset freeze off the table that he said was hampering his ability to defend himself against allegations of systematic mortgage fraud.
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June 06, 2019
SEC Gets Partial TRO Against 'Ponzi-Like' Entities
The U.S. Securities and Exchange Commission has scored a partial victory in its case against a landlord accused of running a $110 million "Ponzi-like" scheme, as a New York federal court agreed to force some entities into receivership but held off on doing the same for another.
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May 22, 2019
Landlord Indicted, Sued By SEC Over 'Ponzi-Like' Con
A major landlord and his associates are facing a 114-count criminal indictment and a civil suit from the U.S. Securities and Exchange Commission for their alleged roles in a "Ponzi-like" mortgage fraud scheme that caused millions in losses, according to Wednesday New York federal court filings.