August 12, 2016 BY LeapRate Staff
SEC charges Nick Mitsakos and his Matrix Capital with $2 million investment fraud
The U.S. Securities and Exchange Commission today announced fraud charges against a San Francisco man and his investment advisory firm accused of pretending to manage millions of dollars in assets, and then stealing money from the first client who invested with them based on their misrepresentations. The SEC alleges that Nicholas M. ('Nick') Mitsakos and…
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