SEC
Whistleblower
Advocates

December 20, 2016

Edward F. Panos

Market Manipulation

SANCTION AMOUNT: $3,220,006

Defendants: Edward F. Panos

Settlement of allegations of defrauding investors through a shell factory and promotional scheme in various microcap issuers. Defendant allegedly concealed his interest in the shells and sold them with the assistance of figurehead CEOs, while holding on to shares which he then stirred up interest in through paid promotional campaigns, before selling. He also allegedly utilized a sham offering in furtherance of the scheme.

Thank you for submitting some email to us.