Syed arham arbab
WebJun 3, 2024 · The SEC's complaint alleges that Syed Arham Arbab, 22, conducted the fraud from a fraternity house near the University of Georgia campus in Athens, Georgia. Arbab … WebOct 14, 2024 · A former University of Georgia student has pleaded guilty to securities fraud for running a $1 million ponzi scheme out of his fraternity house while a student, according to Bloomberg Law. Syed Arham Arbab pleaded guilty to securities fraud in the U.S. District Court for the Middle District of Georgia, according to the Department of Justice.
Syed arham arbab
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WebSep 27, 2024 · MACON, Ga. (AP) — A former University of Georgia student who ran a Ponzi scheme and defrauded more than 100 investors has been sentenced to five years in prison, federal authorities... WebJun 4, 2024 · ATHENS, Ga. (CN) — A recent University of Georgia graduate is in hot water with the Securities and Exchange Commission, which accuses him of running a Ponzi scheme out of a frat house near campus. The University of Georgia campus in Athens. The SEC sued Syed Arham Arbab, 22, claiming he defrauded at least eight people, including …
WebSyed Arham Arbab is the name of the accused, and the federal government states that Arbab defrauded at least 8 of his classmates out of around $300,000. He was able to do this by claiming he was offering investments in a hedge fund. At the time he was doing this, Arbab was living in the Phi Kappa Tau fraternity house at the University of Georgia. WebJun 12, 2024 · The SEC’s complaint alleges that 22-year-old Syed Arham Arbab orchestrated the fraud from a fraternity house near the University of Georgia campus in Athens. Arbab allegedly offered investments in a purported hedge fund called “Artis Proficio Capital,” which he claimed had generated returns ranging from 22% to 56% in one year.
WebMay 31, 2024 · ARTIS PROFICIO CAPITAL INVESTMENTS LLC, SYED ARHAM ARBAB and ARTIS PROFICIO CAPITAL MANAGEMENT LLC: Case Number: 3:2024cv00055: Filed: May 31, 2024: Court: US District Court for the Middle District of Georgia: Presiding Judge: CLAY D LAND: Nature of Suit: Securities/Commodities: Cause of Action: 15 U.S.C. § 77 : Jury … WebMar 15, 2024 · Arbab offered some investors a seemingly risk-free “guarantee” on the first $15,000 invested, and the majority of investors, especially those who were students or younger professionals, invested less than this amount, believing that even if Arbab’s investment choices proved unsound or the market behaved unpredictably, they would still …
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WebJun 7, 2024 · Syed Arham Arbab, 22, was charged by the Securities and Exchange Commission, for funneling invested money into a fake and unregistered hedge fund called Artis Proficio Capital. highest paid pitcher in mlb 2022WebSyed Arham Arbab, age 25, is currently serving a 60-month federal prison term at USP Marion in Marion, Illinois, for criminal securities fraud. During substantially all of the … highest paid phlebotomist salaryWeb13. Syed Arham Arbab, age 22 and a resident of Athens, Georgia, describes himself as the Fund’s “Partner” and “Chief Investment and Financial Officer.” He currently resides in a … highest paid physicians 2020WebOct 16, 2024 · Syed Arham Arbab, 22, pleaded guilty to one count of securities fraud and is set to be sentenced in January, the U.S. Department of Justice said in a news release. highest paid pitcher in mlb 2021WebMar 29, 2024 · SEC Charges Incarcerated Felon and Five Friends in $2 Million Fraud Scheme. Washington, D.C.--(Newsfile Corp. - October 31, 2024) - The Securities and Exchange Commission today charged six individuals, including a federal inmate, for conducting a freeriding scheme that defrauded multiple broker-dealers. highest paid physician assistant salaryWebJun 7, 2024 · Her brother, an undergraduate at the University of Georgia, knew just the guy: Syed Arham Arbab, a stock-market whiz who had been making amazing returns for other … highest paid pitchersWebApr 21, 2024 · 1) Syed Arbab was a normal college kid. Arbab was a graduate student at the time of his run in with the law. He was completing his Masters at Georgia State University. … how good receipt and good issue works in sap