sec whistleblower attorneys
September 25, 2019
Leonardo Cornide, Jorge Falcon
Financial Fraud
SANCTION AMOUNT: Approximately $7.2 million
Defendants: Leonardo Cornide, Jorge Falcon
South Florida investment advisers settled charges that they advised a Cayman Islands registered insurance company to invest in a note from a another company they controlled, which they then caused to make personal loans to themselves using the proceeds. The SEC found that this was an undisclosed conflict-of-interest.
- Key Docs
- Official SEC press release