Former Queen Mary Operators Face Securities Fraud Charges ...Middle East

RMS Queen Mary Long Beach January 2011. Photo via en.wikipedia.org The former operators of the Queen Mary were facing federal fraud charges Wednesday, with regulators alleging they bilked investors out of millions of dollars through schemes tied to their ownership of more than a dozen hotels, including the iconic ship in Long Beach. Taylor Woods and Howard Wu were charged Tuesday by the Securities and Exchange Commission with two counts of securities fraud. The complaint was filed in federal court in downtown Los Angeles. According to the SEC, the pair — doing business as Urban Commons LLC – – engaged in a pair of fraud schemes. In the first, they allegedly convinced investors to s

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Last updated : 07 August 2024 clock 10:53 PM

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Former Queen Mary Operators Face Securities Fraud Charges ...Middle East

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