Legal
SEC Sues for Assets of Dead Money Manager
The U.S. Securities and Exchange Commission sued the estate of J. David Salinas, an investment manager who committed suicide last month, claiming his companies ran a Ponzi scheme, selling investors bonds that didn’t exist. Salinas, through his companies Select Asset Management and J. David Group, defrauded investors of more than…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg