Tag Archives: $PRHL

SEC Files Fraud Charges Against Microcap Company and Its CEO

On Monday, the Securities and Exchange Commission charged a microcap company and its CEO with conducting a fraudulent scheme to mislead investors about the company’s success and prospects, hide its losses, inflate the value of its assets, and artificially prop up its stock price. The SEC’s complaint, filed on December 4, 2017, alleges that Premier Holding Corp. (OTCQB: PRHL), a

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MicroCap Audit Firm Charged With Fraud

This week, the SEC charged Anton & Chia LLP with conducting flawed audits and reviews of financial statements, which are critical sources of information for investors. The SEC’s Enforcement Division alleges that Anton & Chia and its accountants ignored numerous indications of fraudulent financial reporting by three of the firm’s audit clients – microcap companies Accelera Innovations Inc. (OTCPINK: ACNV), Premier Holding Corp.

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