The Securities and Exchange Commission (SEC) announced fraud charges against two previously convicted individuals who hid their involvement in managing a publicly traded company. Charges were also filed against a former New Mexico governor and attorney general in the case, who cooperated and settled with the government.
Natural Blue Resources' stock trading halted after SEC charges
Trading in the stock of Natural Blue Resources Inc (OTCMKTS:NTUR) was halted after charges were made that James E. Cohen and Joseph Corazzi secretly controlled Natural Blue while calling themselves outside “consultants.” Cohen, of Windermere, Fla., was previously incarcerated for financial fraud. Corazzi, of Albuquerque, N.M., was previously charged with violating federal securities laws and...
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