SEC Halts Alleged Ongoing $39 Million Fraud by Hedge Fund Adviser
Washington D.C., May 25, 2022 —
The Securities and Exchange Commission today announced fraud charges against Detroit-based EIA All Weather Alpha Fund I Partners LLC (EIA) and its sole owner, Andrew M. Middlebrooks, for allegedly engaging in a multi-year scheme that included the misappropriation and misuse of investors’ funds. To halt this alleged ongoing fraud, the SEC sought, and on May 19, 2022 obtained, emergency relief from the U.S. District Court in the Eastern District of Michigan, including a temporary restraining order against EIA and Middlebrooks and an asset freeze against the defendants and named relief defendants.
The Danish FSA’s annual seminar on money laundering prevention and terrorist financing
The Danish Financial Supervisory Authority will hold our annual money laundering seminar on Tuesday 31 May 2022, where the overall topic this year will be “working with risks in the area of money laundering and terrorism financing”.
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