May 24, 2021 BY Steffy Bogdanova
Broker Emil Botvinnik to pay $1.5 million fraud case brought by SEC
Botvinnik did not admit or deny the allegations the SEC made but consented to the final judgment. He was ordered to pay civil penalty of $160,000, disgorgement of $1,140,996.48, and $208,155.86 in prejudgment interest. The official announcement stated that the SEC may suggest a plan to distribute any funds received from Botvinnik to harmed investors.…
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