$47M Affinity Scam Unraveled: SEC Charges Toms River Trio for Targeting Local Communities
the staff of the Ridgewood blog
Toms River NJ, The Securities and Exchange Commission (SEC) has officially charged three Toms River, New Jersey residents for their involvement in a massive affinity investment fraud scheme. The alleged scam raised approximately $47 million from over 87 investors, primarily targeting members of Orthodox Jewish communities across New Jersey and New York.
Continue reading SEC Crackdown: Toms River Trio Charged in Massive $47 Million Fraud Scheme
