WASHINGTON (Reuters) - a Securities and Exchange Commission employee has invested in a company accused of predation on the deaf and of other investors misled to believe their money was safe despite an SEC probe.
SEC Inspector General David Kotz recommended disciplinary measures, including possible dismissal of the employee, as a gathering of his recent and pending investigations sent to Congress on Tuesday.
Requested A if the employee had been disciplined, spokesman for the SEC John Nester said, "appropriate action has been taken." Semi-annual report of the Kotz is just the latest embarrassment for the upcoming IAEA internal SEC. Last week, it reported that the SEC might have millions of dollars after bungling a contract of lease square 900 000 feet of office space.
In the case of the employee invest, the Kotz Office received a tip by a senior regional official who said an employee based in Washington, D.C. in February, has invested in an investment company which was the subject of an investigation.
The indicator has accused the employee of "providing false, misleading information and non-public" to other investors, saying the company was legitimate and that they would "receive considerable sums of money from their investments."
October 6, 2010, the SEC filed in Federal Court against the company emergency action to obtain a freeze of assets and won a default judgment on February 14, 2011.
Kotz's report did not mention the name of the employee or the company, but the records of the Court of these dates point to Imperia invest IBC, an investment that would have targeted Internet-based company investors deaf and others by bringing together over 7 million of them without delivering a single payment.
A federal judge in Utah later ordered the firm to pay $ 15.2 million in restitution and interest before judgment although it should not ever be collected after investors funds have been transferred electronically to overseas accounts.
Court records do not have the name of the list or the coordinates of a Prosecutor for the company, which was never registered to offer securities to the United States.
Kotz said the SEC employee later admitted to communication with investors and was placed on administrative leave after he was confronted by the senior regional official.
In addition to recommending that the employee is disciplined and eventually fired. It also recommended that all staff of the Office of the employee are better trained to understand what constitutes confidential information.
Its conclusions were issued in a report at March 31, but they were first made public in the report of the Congress.
"The employee shared confidential, false and misleading information with investors," Kotz wrote. "His behaviour not only confused some investors and gave them a false sense of hope, but was also likely to frustrate an investigation running."
Among the other cases listed by Kotz Tuesday was a probe in a regional SEC staff attorney who revealed the name of an informant for the FBI in an investor and a witness.
(Reports of Sarah n. Lynch;) (Editing by Tim Dobbyn, Gary Hill and the bishopric of Carol Robert MacMillan)
(This story has been corrected in paragraph 3 to delete the reference to "inadvertent disclosure")
没有评论:
发表评论