Colorado Advisor Scammed Investors In $3.2M Promissory Note Scheme, SEC Says

 Colorado Advisor Scammed Investors In $3.2M Promissory Note Scheme, SEC Says


A Colorado registered investment advisor has agreed to pay nearly $1.2 million in penalties to settle SEC fraud charges that she fraudulently raised millions of dollars from nearly two dozen investors, the agency announced today.


Billing herself as a “consistently successful options trader,” Ann M. Vick, 59, of Mead, Colo., used promissory notes to raise about $3.2 million from unwitting investors from August 2018 through January 2021, promising them “exorbitant investment returns,” according to the SEC’s complaint, filed in the U.S. District Court for the District of Colorado. The fraud was conducted though AMV Investments LLC, a pooled investment fund she ran as the sole owner, the SEC said.


Vick has waived her right to a trial and has instead agreed to settle the charges, the SEC said. Without admitting or…

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