SEC revokes papers of Scentko World, Brendahl Cruz Holdings
THE Securities and Exchange Commission (SEC) has revoked the corporate registrations of ScentkoWorld Corp. and Brendahl Cruz Holdings Inc. for running Ponzi-like schemes in its operations through a “buy-and-earn” (B&E) program of perfumes. The SEC’s Enforcement and Investor Protection Department found that the companies affiliated with Brendahl Cruz have been…