SEC Charges Newport Beach Company and its Principals with Operating a $13.5 Million Ponzi-Like Scheme
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - October 29, 2021) - The Securities and Exchange Commission today announced that it has charged BNZ, a Newport Beach, California-based company, and its co-founders and co-managers Brett Barber and Louis Zimmerle, for fraudulently raising $13.5 million from more than 100 retail investors.
According to the SEC's...