The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Geosyn Mining and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, alleging a series of fraudulent activities. This lawsuit, officially filed on April 24 in a federal court situated in Fort Worth, Texas, presents a serious accusation against Geosyn. According to the SEC, Geosyn is purported to have defrauded approximately 64 investors through the sale of service agreements masquerading as securities.
US SEC Sues Geosyn Mining for $5.6M Fraud, Fake Rig Claims Exposed
coingape.com
26 April 2024 10:40, UTC