Continuityx Solution (CUSXQ) 0.0100 $CUSXQ SEC
Post# of 273242
Posted On: 09/14/2016 1:05:32 PM
Continuityx Solution (CUSXQ) 0.0100 $CUSXQ
SEC Charges Executives for Defrauding Investors in Financial Fraud Scheme
M2 - Thu Oct 01, 11:01AM CDT
The Securities and Exchange Commission today charged two former executives of ContinuityX Solutions Inc. with fabricating nearly all of the company's revenue and enriching themselves in the process. Metamora, Illinois-based ContinuityX was a publicly traded company that claimed to sell Internet services to businesses. The company is now in bankruptcy and its former CEO was criminally charged last year with six counts of wire fraud for conduct related to the SEC's allegations.
SEC Charges Executives for Defrauding Investors in Financial Fraud Scheme
M2 - Thu Oct 01, 11:01AM CDT
The Securities and Exchange Commission today charged two former executives of ContinuityX Solutions Inc. with fabricating nearly all of the company's revenue and enriching themselves in the process. Metamora, Illinois-based ContinuityX was a publicly traded company that claimed to sell Internet services to businesses. The company is now in bankruptcy and its former CEO was criminally charged last year with six counts of wire fraud for conduct related to the SEC's allegations.
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