March 23, 2017
Sheldon Rose, MKJJ Consulting LLC
SANCTION AMOUNT: $2,973,916.18
Defendants: MKJJ Consulting LLC
The SEC found that respondents created and sold 15 "blank check" companies (i.e., companies solely for purposes of merger and acquisition, with no operations and no value other than (i) their registration status with the Commission, and (ii) a particular capital structure), without disclosing to the public or the Commission the true purpose or control of the companies. Illicit proceeds calculated at over $2.7 million.
- Key Docs
- Official SEC press release