Contact Paul +

Time limit is exhausted. Please reload CAPTCHA.

Injunction

Federal Judge Sets Limits On Use Of In-House Proceedings

Federal Judge Sets Limits On Use Of In-House Proceedings

A U.S. District Court judge blocked the SEC from continuing with an enforcement proceeding using its in-house administrative law judges because the process is unconstitutional. The SEC accused former Standard & Poor’s Rating Services executive Barbara Duka of loosening her firm’s standards for evaluating mortgage-backed securities. The Judge stopped an SEC enforcement proceeding against a former […]

Read the full article →

SEC Obtains Asset Freeze in Ponzi Scheme Involving Loans to Professional Athletes

SEC Obtains Asset Freeze in Ponzi Scheme Involving Loans to Professional Athletes

The Securities and Exchange Commission announced fraud charges against a former professional football player and others, alleging they operated a Ponzi scheme that raised more than $31 million from investors who were promised profits from loans to professional athletes. Click here for the press release. The SEC’s complaint was unsealed.  It was filed under seal […]

Read the full article →

SEC Halts Pyramid Scheme Targeting Asian and Latino Communities

SEC Halts Pyramid Scheme Targeting Asian and Latino Communities

FOR IMMEDIATE RELEASE 2014-60 Washington D.C., March 28, 2014 — The Securities and Exchange Commission today announced charges and asset freezes against the operators of a worldwide pyramid scheme targeting Asian and Latino communities in the U.S. and abroad. The SEC alleges that three entities collectively operating under the business names WCM and WCM777 are […]

Read the full article →

SEC Announces Charges Against Two Houston-Based Firms for Engaging in Thousands of Undisclosed Principal Transactions

SEC Announces Charges Against Two Houston-Based Firms for Engaging in Thousands of Undisclosed Principal Transactions

The Securities and Exchange Commission announced charges against two Houston-based investment advisory firms and three executives for engineering thousands of principal transactions through their affiliated brokerage firm without informing their clients. One of the firms — along with its chief compliance officer — also is charged with violations of the “custody rule” that requires firms […]

Read the full article →

SEC Obtains Asset Freeze in California-Based Real Estate Investment Scheme

SEC Obtains Asset Freeze in California-Based Real Estate Investment Scheme

The Securities and Exchange Commission announced in press release 2013-233, fraud charges and an emergency asset freeze against a group of Pasadena, Calif.-based companies at the center of an ongoing real estate investment scheme. SEC complaint The SEC alleges that Yin Nan (Michael) Wang and Wendy Ko have raised more than $150 million from approximately […]

Read the full article →

SEC Freezes Assets in Ponzi Scheme Targeting Investors in Japan

SEC Freezes Assets in Ponzi Scheme Targeting Investors in Japan

The Securities and Exchange Commission announced an emergency action to freeze the assets of a Las Vegas-based firm and its sole owner charged with perpetrating a Ponzi scheme against thousands of investors living primarily in Japan. The SEC alleges that Edwin Fujinaga and his company MRI International raised more than $800 million from investors who […]

Read the full article →
Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

Read More

Connect With Paul on Social Media

Practice Areas & Information

Certifications &
Associations
Member CA Bar Member Orange County Bar US Tax Court Attorney