September 27, 2016 BY Valentina Kirilova

SEC charges CEO and boiler room operator with fraud

The Securities and Exchange Commission (SEC) has charged a former microcap company CEO and a boiler room operator with defrauding seniors and others who were pressured to invest in a pair of penny stock companies and promised lucrative profits. The SEC alleges that Craig V. Sizer founded Sanomedics Inc. and Fun Cool Free Inc., which were…

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