BUSINESS U.S. charges New York-based company for allegedly targeting foreigners

BUSINESS

U.S. charges New York-based company for allegedly targeting foreigners

Reuters

08:19, March 06, 2018

Image result for sec reuters

The Securities and Exchange Commission on Monday said it had charged a New York-based company for a scheme illegally soliciting foreign nationals interested in living in the United States through a federal government investment program.

In a statement, the SEC alleged that the unregistered company, Edwin Shaw LLC, had illegally brokered dozens of investments by such foreigners between April 2014 and March 2017.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue