wannabeeriche
2 semanas hace
From at least June 2017 to June 2022, Defendants—led by Philip Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”). The Nominees ultimately received at least 5.2 billion shares of stock in the PSCs at an 86.64% discount and then proceeded to dump those shares into the market. Blue Citi, Tilton, and JDT alone generated more than $52 million in trading proceeds.
IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION Case No.: 3:23:cv-02146
wannabeeriche
2 semanas hace
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 26075 / August 13, 2024
Securities and Exchange Commission v. Stephen Durland, No. 3:24-cv-02062 (N.D. Tex. filed Aug. 13, 2024)
SEC Charges Former New York CPA in Penny-Stock Fraud Scheme
The Securities and Exchange Commission today filed a complaint against North Carolina resident Stephen Durland, formerly a certified public accountant licensed in New York, for his role in an alleged $112 million pump-and-dump scheme orchestrated by Texas resident PHILIP VERGES. The Commission previously filed charges against VERGES and others on September 26, 2023, for their roles in the alleged scheme.
wannabeeriche
10 meses hace
Philip the Scourge
And to think we (taxpayers) paid for his expensive education at West Point. YES! Philip M Verges graduated from West Point Academy. That is probably the reason he got away with scamming stocks for such a long period. SEC turned a blind eye to his shenanigans.
cmainer
Re: conix post# 31222
Tuesday, March 17, 2020 1:12:12 AM
Post# of 34859 Go
Philip Verges. He’s the actual owner of PURA, USMJ, KALY, PJET, NOUV. He’s a big scammer from the dot com era. His gig is he acquires companies he already owns and pays for them through issuing convertible notes so he’s really paying himself for something he already owns and then he will find a reason to hire third-party companies that he already owns to contract work through and pays himself again. A very plain example of this is USMJ which is owned by Savanah East Africa. If you look them up on OTC markets and study all the filings it’s plain as day he’s hiring companies that he owns to do supposed work for the company. If you study all the tickers I mentioned above and their previous tickets before name changes and all the names of officers listed you will find they are all connected. The most recent example of this is WSGF World Series of Golf. it was one of Phil’s companies that went belly up the ticker just went through a custodianship and guess who the new custodian is, Phil’s lawyer who helps him with all his scams. If you search my posts from 10 months to a year ago you will find several detailed posts with evidence of his scams. Please study them before you invest your money.
wannabeeriche
10 meses hace
Philip’s Persistent Pumping Proliferation is Pummeled with Prosecution
I can tell you that the Securities and Exchange Commission (SEC) filed charges (9/26/2023) against Philip Verges, James D. Tilton, Jr., et al scammers.
They ALLEGEDLY schemed to pump-and-dump more than $112 million of stock in five penny stock companies, including Puration, Inc. (PURA). The SEC alleges that the defendants perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies.
NOTE: The evil that men do eventually catches up with them. Philip got a very, very, good education at West Point on the tax payers dollar. Philip then put that
education to use in the private enterprise sector to manipulate stocks for personal financial gain.
wannabeeriche
10 meses hace
Philip M VERGES
From at least June 2017 to June 2022, Defendants—led by Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Case 3:23-cv-02146-D Document 1 Filed 09/26/23 Page 1 of 29 PageID 1 2 Malin), Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”).
BottomBounce
2 años hace
$PURA Puration, Inc. engages in the design, development, production, marketing, and distribution of personal or individual water purification products. The company's personal water filtration systems include personal water filter bottles, sports bottles, collapsible water pouches, portable purification devices, portable biological filtration devices, replacement filters, and travel filters. Its products also include water filter pitchers, canteens, shower head filters, water filter pumps, and air-to-water machines. Puration, Inc. sells its products under the Filter 2GO brand. The company has a partnership with Alkame Holdings Inc. to produce and test market a CBD infused liquid sugar, a CBD infused pet food supplement and a CBD sexual wellness flavored lubricant. Puration, Inc. was founded in 2011 and is based in Farmers Branch, Texas.