December 28, 2016
Interinvest Corporation, Hans Peter Black
SANCTION AMOUNT: $7,400,000
Defendants: Interinvest Corporation
Hans Peter Black
Default judgment against investment advisory firm and its owner for funnelling more than $17 million in client assets into four financially troubled Canadian penny stock companies in which the owner had undisclosed business and financial interests. As much as $12 million of the $17 million was lost.
- Key Docs
- Official SEC press release