sec whistleblower attorneys
April 19, 2019
Prosper Funding LLC
Financial Fraud
SANCTION AMOUNT: $3,000,000
Defendants: Prosper Funding LLC
Respondent consented to the Commission's entry of an Order finding that it excluded certain non-performing charged off loans from its reported calculation of annualized net returns, which thereby was overstated. The Order required payment of a $3 million penalty to resolve the matter.
- Key Docs
- Official SEC press release
