SEC v. Inofin, Cuomo, Mann, George, Keough, Affeldt


Oral Argument
06/19/13 – 06/19/13


SEC claims defendants raised $110 million by selling securities and misrepresenting Inofin, which is a violation in federal securities law. Inofin specializes in purchasing subprime auto loans, but were actually funding them. Ionfin used funds collected from investors for other purposes and misrepresented its financial situation.


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