May 25, 2022
SEC Complaint
The SEC obtained asset freezes and other emergency relief against StraightPath Venture Partners LLC, StraightPath Management LLC, Brian K. Martinsen, Michael A. Castillero, Francine A. Lanaia, and Eric D. Lachow. The group allegedly sold pre-IPO shares, pocketed fees, and made Ponzi scheme-like payments. They raised at least $410 million from 2,200 investors.
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