SEC Charges Two Individuals With Orchestrating Fraud Scheme That Targeted Veterans

The Securities and Exchange Commission today announced charges against Christopher Kenji Dinelli and Jacob David "Kobe" Frankel for allegedly orchestrating a fraud scheme that raised more than $8.7 million from 35 investors through their fund, Beyond.

According to the SEC, the scheme targeted veterans. The agency said the two individuals orchestrated the fraud through the fund.

The SEC announced the charges in a press release published on its website.

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