April 14, 2022
The SEC charged CB Holding Group Corp., Caesarbrutus LLC, and David J. Bunevacz for raising $32 million from at least 2017 to 2019. Bunevacz allegedly conned at least 40 investors by telling them that the companies could generate profit through CBD vape pens, along with providing fabricated purchase orders. Instead of using the funds as intended, he allegedly gambled and used them for other personal expenses.
Bunevacz’s step daughter, Mary Hayca Bunevacz, was also charged along with her step father, CB Holding Group Corp., Caesarbrutus LLC, and Brutus California Ventures Corp. for allegedly selling securities in unregistered offerings.
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