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Articles Tagged With ‘U.S. Securities and Exchange Commission’




Fraudulent Facebook and Twitter scheme lands Montecito man in jail

Written on 8 Feb, 2018 in Daily Briefs, Featured | 6 comments

FBI agents arrested a Montecito resident on Wednesday for allegedly running several fraudulent investment schemes, one related to Facebook and Twitter stock. [Cal Coast Times] Efstratios “Elias” Argyropoulos, 71, operated two Santa Barbara investment services firms – Prima Capital and... (Continue reading)

San Luis Obispo man target of federal securities investigation

Written on 9 Oct, 2015 in Featured, Uncovered SLO | 41 comments

By KAREN VELIE Federal authorities are investigating several companies suspected of involvement in an alleged securities and wire fraud scheme. Some of the companies are owned by a San Luis Obispo man, his wife or his girlfriend, according to public... (Continue reading)

SLO software company going public

Written on 12 May, 2015 in Daily Briefs, Featured | 8 comments

San Luis Obispo-based Mindbody, a firm that sells software for managing health and wellness businesses, has announced its plans to become a publicly traded company. [Business Times] Mindbody filed its offering statement with the Securities and Exchange Commission on Monday... (Continue reading)

SEC charges Santa Barbara company with fraud

Written on 27 Dec, 2014 in Daily Briefs, Featured | 5 comments

The Securities and Exchange Commission charged a Santa Barbara based stock promoter last week with fraudulently raising nearly $3.5 million from investors purportedly to purchase Facebook and Twitter shares prior to their initial public offerings (IPOs). The SEC alleges that... (Continue reading)