February 08, 2017
Oxford City Football Club, Inc., Thomas A. Guerriero
SANCTION AMOUNT: $9,194,179
Defendants: Oxford City Football Club, Inc.
Thomas A. Guerriero
Defendant Guerriero was the CEO of Oxford City. They used deceptive tactics and a boiler room of salespeople to raise more than $6.5 million from primarily inexperienced investors who were misled to believe that Oxford City was a thriving conglomerate of sports teams, academic institutions, and real estate holdings, when in reality the company was losing millions of dollars each year and turning no profits from its two lower-division soccer teams in the U.K.
- Key Docs
- Official SEC press release