July 20, 2016
Tyson D. Williams, Stanley D. Parrish
SANCTION AMOUNT: $4,309,263
Defendants: Tyson D. Williams, Stanley D. Parrish
Settlement of allegations that defendants raised over $7 million from approximately 50 investors through the fraudulent and unregistered sale of securities in ST Ventures, LLC, a Utah limitied liability company. Investors were falsely pitched a leveraged CMO strategy. Risks were misrepresented, and investor funds misappropriated for personal expenses and Ponzi payments.
- Key Docs
- Official SEC press release