NEW YORK (Reuters) - U.S. securities regulators say they want to make new charges claiming that a portfolio in a financial services company Manager improperly transferred three houses shortly after learning that he should be charged with fraud.
Thomas Priore, founder of the ICP Asset Management LLC, transferred the ownership of houses in the vineyard of Martha, Massachusetts and Chappaqua, New York "days" only after his lawyer informed the Government planned to sue for securities fraudthe U.S. Securities and Exchange Commission said in court documents.
The SEC has developed in civil case of the peak and Priore in June 2010, accusing management fraudulently four obligations of multi-billion dollar debt guaranteed, called Triaxx, for their own benefit.
The trial said the peak and Priore caused investors to lose millions of dollars when the mortgage market collapsed in 2007.
Home transfers took place in March 2010, the SEC said. He said that the properties have been displaced in three trusts for amounts of tokens.
In the documents of Court of Thursday, the SEC said he requested the authorization of the U.S. District Court Judge Lewis Kaplan to file new charges.
The Agency seeks to add claims alleging houses were fraudulently transferred. She also wished to add to the wife of the Priore, Lori and his friend Bertrand Smyers as defendants, saying they control the trusts with Thomas Priore.
A lawyer for the defendants does not immediately return a call seeking comment.
(Reported by Jonathan Stempel in New York.) (Editing by Tim Dobbyn)
没有评论:
发表评论