Justin Murphy and Mara Investments LLC


January 16, 2024

Type of alert:


The SEC charged Justin Murphy and his investment management firm, Mara Investments, LLC, with allegedly misappropriating approximately $3.4 million of investor assets. Murphy allegedly conned investors into investing in a private investment fund by leading them to believe that he was generating consistent profits. In reality, Murphy used the money for personal and business expenses, and to fund another company. He allegedly hid the fraud by providing false account statements and tax documents.

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