Some more from the SEC press release:
In its complaint, the SEC charged Leila Jenkins and her firm, Locke Capital Management Inc., with making up the supposedly massive client and then repeatedly lying about its existence to land real clients. The SEC alleges that Jenkins lied to the SEC staff about the existence of the invented client and furnished the SEC staff with bogus documents in 2008, including fake account statements that she created.Leila, who has houses in Rhode Island and Palm Beach (her Rhode Island house per google seems quite nice, right next to the marina. Additionally, the first charged female ponzier has stupidly listed her phone numbers on Google. We wont list them here but Locke investors should feel free to google these for themselves) will soon be disgorged of all her property and likely join Madoff in his Lexington Avenue minimum security penthouse which should be made into a live museum of all ponziers (there are definitely enough rooms), where price of admission could possible be as high as $50, with proceeds used to recoup investor losses. Sphere: Related Content Print this post
"Today's enforcement action demonstrates that investment advisers who lure clients with false claims will be held accountable for their actions," said George Curtis, Deputy Director of the SEC's Division of Enforcement. "In this case, the conduct was particularly egregious because Jenkins lied to the SEC staff to try to escape detection."