Page 7 - Centra Tech News Today

Ivar Auzins allegedly defrauded hundreds of investors and took off with at least $7 million through two unregistered digital asset securities offerings, according to the U.S. securities regulator.

This quarter’s issue includes summaries and associated court opinions of selected cases decided in August and September 2021. Appraisal Rights - Delaware Supreme Court...

/PRNewswire/ -- To all persons and entities who purchased Centra Tech Tokens (or "CTR") directly from Defendant Centra Tech in connection with its "official"...

/PRNewswire/ -- To all persons and entities who purchased Centra Tech Tokens (or "CTR") directly from Defendant Centra Tech in connection with its "official"...

From Mongolian forestry investments to the latest digital currency, every day we are bombarded with online financial advertising, much of it derived from dubious sources.

A group of Centra Tech Inc. investors tried for the second time to get their proposed class certified Wednesday in a suit over a fraudulent $32 million initial coin offering, telling a Florida federal judge that they had revised their class definition and had obtained documents that could easily identify class members.

Students for Trump founder John Lambert sentenced to 13 months for posing as lawyer Stephen Rex Brown, New York Daily News © Alec Tabak/for New York Daily News John Lambert, the co-founder of Students for Trump, is seen arriving at the Thurgood Marshall Courthouse on August 6, 2019 in New York. He was a Student For Trump, but definitely not a lawyer. A judge slammed the founder of Students for Trump as a “cold-blooded fraudster” before sentencing him to 13 months in priso...

Sohrab ‘Sam’ Sharma was also ordered to forfeit more than $36 million. The co-founder of a Miami-based firm that claimed to offer cryptocurrency-related financial products has been sentenced to eight years in prison for his role in a scheme that took more than $25 million from victims investing in the company’s digital funds. Sohrab “Sam” Sharma pleaded guilty to conspiring to commit securities fraud, wire fraud, and mail fraud in connection with material misrepresentations and omissi...

US Court Sentences Another Centra Tech Co-Founder to 8 Years in Jail Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO). Additionally, the court has ordered Sharma to forfeit $36,088,960. Material Misrepresentations Prior to Sharma’s sentencing, the U.S. Department of Justice (DOJ) similarly a...

Centra Tech Co-founder Bags 8-Year Jail Term For ICO Scam Last Updated: 05 March 2021 The co-founder of the fraudulent crypto investment firm, Centra Tech, Sohrab Sharma has been sentenced to eight years in prison for his role in duping investors out of more than $25 million. Ilan Graff, the Deputy United States Attorney for the Southern District of New York described Sharma as a fraud who co-founded a startup with the intention of deceiving investors with bogus business par...