June 20, 2023
Securities Fraud
The SEC charged Tyler L. Andrews with allegedly making false statements and raising over $1 million in an unregistered offering of securities for a luxury travel business, Platinum Travel and Entertainment, LLC, whose owner Gregory A. Ciccone fraudulently diverted all the money raised. Without admitting or denying the SEC’s allegations, Andrews consented to permanent injunctions, disgorgement with prejudgment interest, a civil penalty, and a ten-year officer and director bar.
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