SEC Halts Alleged Ponzi Scheme in Western New York
Wednesday, July 9th, 2008The SEC has once again halted an ongoing Ponzi scheme. Last week, the SEC obtained a preliminary injunction against Watermark Financial Services Group, Inc. (”Watermark Financial”), Watermark M-One Holdings, Inc. (”Watermark Holdings”), M-One Financial Services, LLC (”M-One”), Watermark Capital Group, LLC (”Watermark Capital”), Guy W. Gane, Jr., and Lorenzo Altadonna. The Commission’s complaint alleges, in part: (more…)
