Legal Opinion
Sec. & Exch. Comm'n v. DFRF Enters. LLC
District Court, District of Columbia
Decided May 29, 2019No. Civil Action No. 15-12857-PBSPublishedCited by 1 opinion
1Opinion of the CourtSaris, C.J.
This is an enforcement action brought by the Securities and Exchange Commission ("SEC") in connection with a multimillion-dollar pyramid scheme involving a fake gold mining company, DFRF Enterprises. The case was stayed from October 2015 to November 2018 while a parallel criminal prosecution of one of the Defendants was pending. Prior to the stay, the SEC moved for the entry of a notice of default against the two entity defendants, DFRF Enterprises LLC, a Massachusetts company ("DFRF Massachusetts"), and DFRF Enterprises, LLC, a Florida company ("DFRF Florida" and, collectively with DFRF…
2Cases cited4 opinions
- Securities & Exchange Commission v. Pentagon Capital Management PLCCourt of Appeals for the Second Circuit · 2013
- Securities & Exchange Commission v. EspositoDistrict Court, D. Massachusetts · 2017
- Securities & Exchange Commission v. Tropikgadget FZE.District Court, D. Massachusetts · 2015
- Securities & Exchange Commission v. Milan Group, Inc.Court of Appeals for the D.C. Circuit · 2015
3Cited by1 opinion
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