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...
Source: sec.gov