Business · 29/09/2026

SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure Investors

The Securities and Exchange Commission has charged multiple entities, likely operated by individuals overseas, for defrauding hundreds of retail investors, including many in the U.S., through schemes totaling at least $15 million that utilized WhatsApp and other platforms to lure investors.