Coinnounce
2019-05-28 16:22:08

SEC Sues Daniel Pacheco, CEO of iPro for $26 Million Pyramid Scheme

Published on CoinnounceThe U.S. Securities and Exchange Commission (SEC) has sued Daniel Pacheco, the founder of IPro for offering unregistered securities and operating a $26 million fraudulent pyramid scheme. The regulator also alleges that Pacheco had mismanaged investors’ funds which have led to his company’s inability to pay commissions and bonuses entitled to investors, according to the […]The post SEC Sues Daniel Pacheco, CEO of iPro for $26 Million Pyramid Scheme appeared first on Coinnounce.

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