SEC Wins Airborne Wireless Judgment Over $45 Million Fraud

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(Bloomberg) -- The US Securities and Exchange Commission has triumphed in a lawsuit in which Airborne Wireless Network and a California man who covertly led the company were accused of pulling off a $45 million pump-and-dump scam.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticApple’s iPhone 15 Debut Includes Higher Price on Top ModelBP CEO Looney Quits Over Past Relationships With ColleaguesApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishA

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