- 1997
SEC found that respondent wrote a letter on his employer’s letterhead attesting to the finances of an individual and a company which were involved in a fraudulent “Prime Bank” scheme, the “Konex Roll Program,” which raised at least $12.5 million from the Chicago Housing Authority through the offer and sale of investment contracts. The letter falsely stated that the company carried brokerage account balances in excess of two million dollars, furthering the fraud.
