July 07, 2015
Neal Goyal
Offering Fraud
SANCTION AMOUNT: $9,200,000
Defendants: Neal Goyal
Ponzi scheme beginning in 2006 in which a former Chicago, Illinois investment fund manager fraudulently obtained $11.3 million from more than 40 investors who invested in private funds under his control. In addition to Ponzi payments, the manager misused the funds to support his lavish lifestyle and other businesses.
- Key Docs
- Official SEC press release