March 22, 2017 BY Valentina Kirilova
SFC obtains court orders to freeze bank accounts in suspected Pyramid and Ponzi scheme
The Securities and Futures Commission (SFC) today obtained an interim order from the Court of First Instance to freeze approximately $2.66 million in the bank accounts of Mr Heriberto C. Perez Valdes in connection with a suspected Pyramid and Ponzi scheme. The SFC alleges that Valdes was involved in the scheme operated by DFRF Enterprises…
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