SEC
Whistleblower
Attorneys

September 28, 2018

Jonny Ngo, Donato “Mick” Baca, Jr., NL Technology, LLC

Offering Fraud

SANCTION AMOUNT: $5225726

Defendants: NL Technology, LLC
Jonny Ngo, Donato “Mick” Baca, Jr.

Partial settlement (Ngo and NL Technology) in SEC enforcement action alleging that Defendants raised more than $61 million from over 350 investors by falsely promising that the money would be used to fund NL Technology's wholesale technology import business. Instead, the money allegedly was used to pay prior investors and for lavish personal expenses.

Thank you for submitting some email to us.