Skip to content
PipDig
EUR/USD1.08537 +0.24%GBP/USD1.27311 -0.31%USD/JPY156.835 +0.42%XAU/USD4062.31 +0.67%BTC/USD96403.00 +2.16%

Forex News

SEC Charges Three New Jersey Residents in Fraud Case

The U.S. Securities and Exchange Commission has charged three residents of Toms River, New Jersey, with carrying out an affinity investment fraud scheme that allegedly targeted members of their local community, according to a single report.

PipDig Newsroom
  • The SEC charged three Toms River, New Jersey residents with affinity investment fraud, according to a single report.

SEC Files Charges Against Toms River Residents

The Securities and Exchange Commission has brought charges against three individuals residing in Toms River, New Jersey, accusing them of engaging in affinity investment fraud, according to a single report.

A close-up of an ornate seal being pressed into warm wax on an official document, lit with dramatic sidelight that emphasizes the texture of paper and wax.
SEC Charges Three New Jersey Residents in Fraud Case

What the Charges Involve

Affinity investment fraud typically involves perpetrators exploiting trust within a shared community, and the SEC's action names three Toms River residents in connection with such a scheme, according to a single report.

  • Three residents of Toms River, New Jersey were charged by the SEC.
  • The charges relate to affinity investment fraud.