caption SEC Sues Man, Company for Alleged $13.2M Ponzi Scheme
This suit was surfaced by Law.com Radar. Read the complaint here.
April 06, 2023 at 07:02 AM
1 minute read
Securities Litigation
The U.S. Securities and Exchange Commission sued Michael J. French, MJF Holdings LLC and other defendants Monday in Georgia Northern District Court. The suit accuses French of misappropriating $13.2 million in investor funds to make Ponzi payments to earlier investors and to pay for personal expenses. Lawyers have not yet appeared for the defendants. The case is 1:23-cv-01443, Securities and Exchange Commission v. French et al.
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