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The Securities and Exchange Commission charged two foreign-operated, Colorado-incorporated entities, BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, over a $130 million fraud scheme. The agency said the scheme used false SEC filings to boost investor confidence. The SEC announced the charges on October 29, 2026. The available excerpt did not include details on investor losses, court proceedings or any response from the companies.

1 outlet · 1 article · first seen Oct 29, 2:40 PM ET

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Corroborated by 2 outlets (GDELT)