Gignesh Movalia pleaded guilty before US Magistrate Judge Anthony Porcelli, the Middle District of Florida, to one count of investment advisor fraud. Founder and manager of OM Global Investment Fund, Movalia began soliciting investments in 2011 by touting access to IPO shares of Facebook, and admitted to allegations including using USD 9 million of the amount raised for “side-pocket” investments.
Indian-origin investment advisor to be sentenced for committing $9 Million FB Stock Fraud
You may also like
Smidge is a video-chat tool that enables you to conduct product research and customer interviews instantly at the mere click of a button, rather than waiting around on survey responses or scheduling user interviews. Now, it’s easy to segment the users you’d like to talk with and chat...
Tech
Shall I buy this or that? Ask your friends using Rex, an app that brings social + ecommerce together
Rex is here to bring social commerce to the browser! Using one click, users can send out peer feedback requests to friends and family. Moreover, users have access to a personal dashboard that can be used to store any product on any website. Essentially, Rex is a peer-to-peer recommendation platform...
NullBox is an email privacy service that protects the privacy of your inbox with disposable email addresses. NullBox lets you register for online services, mailing lists, and even sweepstakes without concern for your real email address getting leaked. Raleigh, NC GET IT About the founding team :...
Add comment
You must log in to post a comment.