Tag: offering_fraud

SEC Charges Bay Area Fund Executives in Multimillion-Dollar Ponzi-Like Scheme

1 Sep 2026 4:51 p.m.

The SEC has charged Mark D. Hanf and Hoai-Nam Chu Phan, former executives of Pacific Private Money Group LLC, with orchestrating a multimillion-dollar Ponzi-like offering fraud in the San Francisco Bay Area.

Business Law Enforcement Economy Financial Markets Legal Federal Government SEC Mark D. Hanf Hoai-Nam Chu Phan Ponzi Scheme Offering Fraud Pacific Private Money Group San Francisco Bay Area