WebJun 5, 2024 · It wants to freeze the assets of 22-year-old Syed Arham Arbab, who it alleges conducted the fraud from a fraternity house near the University of Georgia campus in Athens, Georgia.. Arbab allegedly offered investments in a purported hedge fund called “Artis Proficio Capital,” which he claimed had generated returns of as much as 56% in the prior … WebOct 11, 2024 · Syed Arham Arbab pleaded guilty to securities fraud in the U.S. District Court for the Middle District of Georgia, the Justice Department said. He faces an ongoing Securities and Exchange Commission suit in the same court. Arbab admitted that he falsely promised investors—including fellow UGA students—returns as high as 56%, DOJ said.
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WebOct 11, 2024 · Syed Arbab was an undergraduate at the school’s Athens campus when he convinced his victims to invest in two “hedge funds" from May 2024 to May 2024, according to the U.S. Department of Justice. WebSep 27, 2024 · ATLANTA - A Georgia man has been sentenced to five years in prison followed by three years of supervised release for running a Ponzi scheme that ensnared more than 100
WebOct 31, 2024 · The SEC’s complaint, filed in U.S. District Court for the Northern District of Georgia in Atlanta, alleged that, from May 2024 to early January 2024, Syed Arham Arbab, … WebOct 31, 2024 · Washington D.C., Oct. 31, 2024 —. The Securities and Exchange Commission today charged six individuals, including a federal inmate, for conducting a freeriding …
WebJun 4, 2024 · ATHENS, Ga. (CN) — A recent University of Georgia graduate is in hot water with the Securities and Exchange Commission, which accuses him of running a Ponzi scheme out of a frat house near campus. The University of Georgia campus in Athens. The SEC sued Syed Arham Arbab, 22, claiming he defrauded at least eight people, including … WebJun 3, 2024 · The SEC is seeking an asset freeze and other emergency relief.The SEC's complaint alleges that Syed Arham Arbab, 22, conducted the fraud from a fraternity house near the University of Georgia ...
WebIA-5511 In the Matter of Syed Arham Arbab. IA-5510 In the Matter of Ares Management, LLC. IA-5503 In the Matter of Wallace Byers. IA-5509 In the Matter of William Andrew Hightower. LR-24822 SEC v. Paul Horton Smith, Sr.; Northstar Communications, LLC; Planning Services, Inc.; and eGate, LLC. IA-5508 In the Matter of TSP Capital Management …
WebOct 31, 2024 · Washington D.C., Oct. 31, 2024 —. The Securities and Exchange Commission today charged six individuals, including a federal inmate, for conducting a freeriding scheme that defrauded multiple broker-dealers. The SEC’s complaint alleges that from May 2024 to early January 2024, Syed Arham Arbab, 25, and five others made more than $2 million ... lattice wood panels home depotWebOct 16, 2024 · Syed Arham Arbab, 22, pleaded guilty to one count of securities fraud and is set to be sentenced in January, the U.S. Department of Justice said in a news release. latticework amber xWebMar 15, 2024 · Arbab offered some investors a seemingly risk-free “guarantee” on the first $15,000 invested, and the majority of investors, especially those who were students or younger professionals, invested less than this amount, believing that even if Arbab’s investment choices proved unsound or the market behaved unpredictably, they would still … lattice wood fencingWebJul 15, 2016 · Augusta University. Jun 2015 - Aug 20153 months. Augusta, Georgia Area. Responsible for daily cell culture and preparation of … lattice work at home depotWebOct 11, 2024 · MACON, Ga. (WRBL) – A former University of Georgia student plead guilty to Securities Fraud after operating a Ponzi scheme that collected close to $1 million from 117 investors. Syed Arham Arbab ... just ameerah merch shopWebSep 28, 2024 · Syed Arham Arbab, 23, of Atlanta, operated the fraud between May 2024 through May 2024, while he was enrolled as an undergraduate student at the University of Georgia, the feds say. just ameerah cutting open stress ballsWebNov 1, 2024 · (HedgeCo.Net) The Securities and Exchange Commission has charged six individuals, including a federal inmate, for conducting a freeriding scheme that defrauded multiple broker-dealers. The SEC’s complaint alleges that from May 2024 to early January 2024, Syed Arham Arbab, 25, and five others made more than $2 million in bogus … lattice-work