Live Breaking News & Updates on Eric Scheffey

Stay updated with breaking news from Eric scheffey. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Airborne Wireless Network, et al. (Release No. LR-25043; Mar. 5, 2021)


Litigation Release No. 25043 / March 5, 2021
Securities and Exchange Commission v. Airborne Wireless Network, et al., No. 21-civ-01772 (S.D.N.Y., filed March 2, 2021)
Washington D.C., March 5, 2021 - The Securities and Exchange Commission charged seven individuals and a technology company in connection with a fraudulent scheme to gain control of Airborne Wireless Network, promote its stock, and defraud investors.
According to the SEC s complaint, Kalistratos Kelly Kabilafkas secretly purchased essentially all the outstanding stock of the shell company now known as Airborne, then distributed millions of shares among himself and his associates, including defendants Timoleon Tim Kabilafkas, Panagiotis Bolovis, Eric Scheffey, Chrysilios Chrysiliou, and Moshe Rabin. As alleged, Kelly Kabilafkas and his associates deceived Airborne s transfer agent and broker dealers in order to have the shares transferred into their names, deposited in brokerage accounts, and cleared f ....

New York , United States , United Kingdom , Cayman Islands , Jennieb Krasner , Moshe Rabin , Daniel Maher , Eric Scheffey , Jennifer Leete , David Misler , George Bagnall , Panagiotis Bolovis , Tim Kabilafkas , Kelly Kabilafkas , Robert Nesbitt , Timoleon Tim Kabilafkas , Jeffrey Anderson , Chrysilios Chrysiliou , Paulj Bohr , Peter Rosario , Stephan Schlegelmilch , Jack Edward Daniels , Kalistratos Kelly Kabilafkas , Ontario Securities Commission , United Kingdom Financial Conduct Authority , Financial Industry Regulatory Authority ,