Founder Shaukat Shamim "drummed up interest in [YouPlus] by providing false information about its financial performance and customer base."
Cases filed since the beginning of 2017 represent more than 20% of all such cases filed since 1997.
Carl Ruderman allegedly used a substantial amount of the funds raised for a cash-advance business to support his own lavish lifestyle.
Sotirios “Sam” Zaharis and two other former Constellation Healthcare execs allegedly duped investor Chinh Chu into acquiring the company for $309 million.
The startup's co-founders spun a "web of lies" to deceive investors into participating in its initial coin offering, according to an SEC lawsuit.
David Lubin allegedly participated in a scheme that realized $34 million in illicit proceeds from the sale of shares in a company he co-founded.
Robert Murray allegedly gamed the SEC's EDGAR system to submit a tender offer for the company, enabling him to manipulate Fitbit's stock price.
Joel Sanders was accused of plotting to conceal the New York law firm's losses before it went bankrupt in 2012.
Vincent Mehdizadeh allegedly used the proceeds from illegal stock sales to inflate the revenue of his marijuana vending machine company.
Patrick Carter allegedly misappropriated about half of the more than $30 million that his firm raised from investors between 2009 and 2014.
The SEC says Sheldon Rose sold more than a dozen blank check companies disguised as promising startups to investors.
American Realty Capital Partners' former CFO Brian Block allegedly manipulated the calculation of adjusted funds from operations.
