SEC Charges California Resident with Multimillion Dollar Ponzi Scheme Targeting Tongan American Community
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - September 19, 2023) - The Securities and Exchange Commission today charged Richmond, California resident Tilila Walker Sumchai with raising approximately $11.8 million from more than 1,000 investors through a fraudulent securities offering targeting members of the Tongan American community across the...