SEC
Whistleblower
Advocates

March 30, 2017

Clayton A. Cohn

Offering Fraud

SANCTION AMOUNT: $1,556,488.11

Defendants: Clayton A. Cohn

Chicago-based scheme by a former marine who orchestrated a hedge fund investment scheme through his investment adviser, Marketaction Advisors, LLC, in which he raised nearly $1.8 million from investors by lying about his success as a trader, the performance of the hedge fund, his use of investor proceeds, and his personal stake in the hedge fund. In reality, he misappropriated more than $400,000 of investor funds for personal use and lost all or nearly all of the rest in trading, which he concealed in phony account statements.

Thank you for submitting some email to us.