May 01, 2015
Rudolf D. Pameijer, Lindsay Sayer
SANCTION AMOUNT: $1,552,562
Defendants: Rudolf D. Pameijer, Lindsay Sayer
Father and daughter raised money for Rykoworks Capital Group, LLC through promissory notes purporting to guarantee principal and offer risk free returns on foreign currency trading. Majority of funds were misappropriated, and the remainder depleted through trading losses by the scheme's falsely proclaimed forex expert.
- Key Docs
- Official SEC press release