Charles Samel (Release No. LR-24993; Dec. 22, 2020)
Litigation Release No. 24993 / December 22, 2020 Securities and Exchange Commission v. Charles Samel, Civil Action No. 1:20-cv-10769 (S.D.N.Y. filed December 21, 2020) The Securities and Exchange Commission charged Charles Samel, a former consultant for former registered investment adviser International Investment Group LLC (IIG), for his role in an alleged fraud conducted by IIG to cover up tens of millions of dollars in investor losses on bad bets in order to keep its investment advisory business afloat. As alleged in the SEC's complaint, Samel assisted IIG's principals in concealing the fr...
Source: sec.gov