• Home
    • Articles
    • Cayman-based Caledonian Bank & offshore brokers sued by SEC for ‘$75 m stock scam’

    Cayman-based Caledonian Bank & offshore brokers sued by SEC for ‘$75 m stock scam’

    Cayman Islands-based Caledonian Bank and Caledonian Securities are being sued by the SEC in the United States for allegedly participating in a $75 million penny stock scam with broker-dealers in Panama and Belize.