SEC Charges South Carolina Resident with Operating $20 Million Ponzi Scheme
Michael J. French, a 40-year-old from Pendleton, South Carolina, was recently charged by the Securities and Exchange Commission (SEC) for defrauding investors and misappropriating millions of dollars. French and his companies, MJF Holdings, LLC and MJF Capital, LLC, allegedly sold high-yield promissory notes, falsely claiming they were backed by a low-risk investment program that loaned to small businesses or invested […]
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