SEC charges two North Carolina advisers with $75 million fraud
Gregory Lindberg and Christopher Herwig allegedly misappropriated $57 million in client funds, while their firm collected more than $21.4 million in advisory fees in connection with these schemes.
The Securities and Exchange Commission has charged two North Carolina-based advisers, Gregory E. Lindberg and Christopher Herwig, and their Malta-based registered investment adviser, Standard Advisory Services Limited, with defrauding clients out of more than $75 million through undisclosed transact
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