SEC Says DoJ to File Charges vs Modesto OPC for Investment Solicitations - BusinessWorld Online

SEC says DoJ to file charges vs Modesto OPC for investment solicitations - BusinessWorld Online

THE SECURITIES and Exchange Commission (SEC) said the Department of Justice (DoJ) will file criminal charges against Modesto Cardano Market Cap Tr3ding Services OPC, as well as its officials, for allegedly soliciting investments from the public without proper registration. In a statement on Wednesday, the SEC said the DoJ found sufficient evidence to charge the Modesto OPC for possible violations of the Securities Regulation Code (SRC) and the C…

DOJ Indicts ‘Modesto Cardano’ Trading Firm for Illegal Investment Solicitation

The firm allegedly promised 10% monthly returns via social media while lacking SEC approval, triggering cybercrime-enhanced charges for unregistered securities sales.