U.S. Securities and Exchange Commission building in Washington, D.C. Photo: Diego M. Radzinschi/ALM SEC Sues South Florida Lendvesting Academy Claiming Its Programs Falsely Promised Big Returns
This lawsuit was surfaced on Law.com Radar. Read the complaint here.
July 26, 2022 at 02:20 PM
1 minute read
The U.S. Securities and Exchange Commission sued Chalala Academy LLC, Lendvesting Academy Corp. and Alexandra Robert Tuesday in Florida Southern District Court over alleged violations of federal securities laws. The lawsuit accuses the defendants of fraudulently raising nearly a million dollars from unregistered offerings for 'investment programs' falsely promising guaranteed returns of up to 48 percent. Attorneys have not yet appeared for the defendants. The case is 9:22-cv-81092, Securities and Exchange Commission v. Robert et al.
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