-
The SEC also claimed Mattera deliberately backdated promissory notes in order to avoid SEC registration requirements.
FORBES: Another Investment Scam: John Mattera's Impressive CV
-
John Mattera is the latest scam artist charged with securities fraud, wire fraud and money laundering.
FORBES: Another Investment Scam: John Mattera's Impressive CV
-
Through each of these schemes, Mattera used investors funds to provide himself with exclusive luxury items from boats to Ferraris.
FORBES: Another Investment Scam: John Mattera's Impressive CV
-
One involves John A. Mattera who operated an investment scam peddling pre-IPO shares in Facebook, Groupon and other companies.
FORBES: What Can Stop You From Getting Rich On Tech Stocks
-
And these are just the highlights and do not include the numerous federal tax liens and civil cases filed against Mattera over the years.
FORBES: Another Investment Scam: John Mattera's Impressive CV
-
Again, Mattera did not have the shares to sell.
FORBES: Another Investment Scam: John Mattera's Impressive CV
-
In fact, according to a complaint filed last November in federal court in Manhattan by The Securities and Exchange Commission, neither Mattera nor any of the other participants ever owned the shares.
FORBES: What Can Stop You From Getting Rich On Tech Stocks
-
Mattera, 50, and several other individuals solicited customers for their newly-minted hedge fund, The Praetorian Global Fund, representing that the fund and affiliated Praetorian entities owned shares worth tens of millions of dollars in privately-held companies that were expected to go public.
FORBES: What Can Stop You From Getting Rich On Tech Stocks