Syed arham arbab

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August undefined, 2024

WebJun 3, 2024 · The SEC’s complaint alleges that Syed Arham Arbab, 22, offered investments in a purported hedge fund called Artis Proficio Capital and promised investors a fixed rate of return. The regulator alleges that the scheme raised more than US$269,000. WebJun 5, 2024 · It wants to freeze the assets of 22-year-old Syed Arham Arbab, who it alleges conducted the fraud from a fraternity house near the University of Georgia campus in Athens, Georgia.. Arbab allegedly offered investments in a purported hedge fund called “Artis Proficio Capital,” which he claimed had generated returns of as much as 56% in the prior …

Former UGA student pleads guilty to million dollar Ponzi scheme

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. WebIA-5511 In the Matter of Syed Arham Arbab. IA-5510 In the Matter of Ares Management, LLC. IA-5503 In the Matter of Wallace Byers. IA-5509 In the Matter of William Andrew Hightower. LR-24822 SEC v. Paul Horton Smith, Sr.; Northstar Communications, LLC; Planning Services, Inc.; and eGate, LLC. IA-5508 In the Matter of TSP Capital Management … google maps camden town

SEC uncovers Ponzi Scheme through fictitious hedge fund at

WebSep 25, 2024 · Syed Arham Arbab, 23, of Atlanta, Georgia, was sentenced by U.S. District Judge C. Ashley Royal of the Middle District of Georgia. Judge Royal also ordered the … WebSyed Arham Arbab, 23, of Atlanta, conned more than 100 people into giving him approximately $1 million in a Ponzi scheme he organized, according to investigators. … 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. google maps cal state bakersfield

Syed Arbab - Atlanta, Georgia, United States - LinkedIn

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. WebOct 11, 2024 · Syed Arbab was an undergraduate at the school’s Athens campus when he convinced his victims to invest in two “hedge funds" from May 2024 to May 2024, according to the U.S. Department of Justice. chichester currys opening timesWebOct 11, 2024 · Syed Arham Arbab, 22, of Augusta, Georgia, admitted to spending investor funds on clothes, shoes, fine dining, alcohol and adult entertainment, including thousands … google maps canada english

"WebOct 11, 2024 · MACON, Ga. (WRBL) – A former University of Georgia student plead guilty to Securities Fraud after operating a Ponzi scheme that collected close to $1 million from 117 investors. Syed Arham Arbab ... " - Syed arham arbab

Syed arham arbab

Atlanta man gets 5 years in prison for running Ponzi scheme

WebSep 27, 2024 · ATLANTA - A Georgia man has been sentenced to five years in prison followed by three years of supervised release for running a Ponzi scheme that ensnared more than 100 WebNov 2, 2024 · Arbab, Civil Action No. 1:22-mi-99999 (N.D. Ga. Filed October 31, 2024) who operated a free riding scheme just after completing a Ponzi scheme and as the Commission filed its first action against him. The complaint in the most recent enforcement action against Mr. Arbab names as defendants: Syed Arham Arbab, a graduate of Georgia State ...

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WebSyed 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 … 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 …

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 allegedly offered investments in a purported hedge fund called “Artis Proficio Capital,” which he claimed had generated returns of as much as 56% in the prior year and for which … WebOct 31, 2024 · The SEC’s complaint, filed in federal district court in Atlanta, charges Arbab and his five co-defendants—Tomas Javier Jimenez, 24, of Dunwoody, Georgia; Blake Douglas McKinney, 26, of Plymouth, Michigan; Mushfiqur Rahman, 21, of Jamaica, New York; John Ryan Shows, 25, of Atlanta, Georgia; and William Carl Spagnoli, 24, of Alpharetta, …

WebJul 22, 2024 · This matter involves an ongoing Ponzi scheme and offering fraud by Syed Arham Arbab (“Arbab”), a former student at the University of Georgia (“UGA”), and two entities under his operation and control, Defendants Artis Proficio Capital Investments, LLC (“APCI”) and Artis Proficio Capital Management, LLC (“APCM”). WebSep 26, 2024 · Syed Arham Arbab, 23, of Atlanta also was ordered to pay $509,032 in restitution to his victims. Recommended for you +58. PHOTOS: Lee ...

WebApr 22, 2024 · By Kathleen Walsh / April 22, 2024 4:39 pm EST. Episode 7 of "Generation Hustle" on HBO Max follows the story of Syed Arbab, the University of Georgia's very own …

WebOct 31, 2024 · The SEC’s complaint alleges that from May 2024 to early January 2024 Syed Arham Arbab, 25, and five others, made more than $2 million in “bogus deposits from empty or underfunded bank accounts ... google maps canada post head officeWebApr 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. … google maps cannon falls mnWebJun 5, 2024 · Syed Arham Arbab, 22, conducted the fraud from a fraternity house near the University of Georgia campus in Athens, Georgia, says the SEC. He allegedly offered investments in a purported hedge fund called "Artis Proficio Capital," which he claimed had generated returns of as much as 56% in the prior year and for which investor funds were … google maps camping sitesWeb13. 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 … google maps camfield perthWebSep 25, 2024 · Syed Arham Arbab, 23, also was ordered to pay $509,032 in restitution to his victims. As part of a guilty plea entered in federal court last October, Arbab admitted that while enrolled at the University of Georgia, he solicited investors – many of whom were college students – to invest in two entities he described as hedge funds. google maps canada get directions englishWebOct 14, 2024 · Commission (SEC) accused Syed Arham Arbab, 22, who of defrauding 117 investors in Georgia and other states to invest in an unregistered and fake hedge fund … google maps canada ontario englishWebOct 12, 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. (John Greim/LightRocket via ... chichester custody