Violation Tracker Individual Record

Company: 
Capital Financial Partners, LLC et al.
Penalty: 
$15,700,000
Year: 
2017
Date: 
November 17, 2017
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The Securities and Exchange Commission announced that the United States District Court for the District of Massachusetts entered a $15.7 million final judgment against a former professional football player and his co-defendants for defrauding investors in a Ponzi scheme case involving money raised to make loans to professional athletes.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.