Tagged: joey gabaldon

Final Judgement Document on Ascenergy Crowdfunding Fraud

Some times the wheels of justice move slowly. And sometimes the documentation associated with these wheels lag as well. File this one under recently discovered. The Securities and Exchange Commission released, this past June, the Agreed Final Judgement regarding the case of the Ascenergy crowdfunding… Read More

Whatever Happened to the Ascenergy Crowdfunding Fraud Case?

The case of the Ascenergy crowdfunding fraud came to light just as Reg CF or Title III crowdfunding rules were announced to the public in October of 2015.   Ascenergy, an aspiring oil and gas operation, had raised about $5 million from approximately 90 investors,… Read More

SEC Calls Fraud on Ascenergy Oil & Gas Crowdfunding Scheme

Lost in all of the excitement of last weeks’ announcement from the SEC on Title III crowdfunding rules was a case of crowdfunding fraud.  According to the Securities and Exchange Commission, the agency halted a “fraudulent oil and gas crowdfunding scheme”.  The SEC has frozen… Read More

Ascenergy Nears $6M Crowdfunding Goal on Crowdfunder: Aiming to Disrupt Big Oil

With its elevator pitch of “Disrupting Big Oil: Crowdfunders get monthly guaranteed returns with equity upside,” Ascenergy has tapped into the crowd for its Crowdfunder campaign.  Seeking to raise $6M by 30 June 2015, the company has already raised  over $5,670,000, or 95% of its goal.   Investments $25,000… Read More

Send this to a friend