Skip to content
The Nexus
Case profileCivil actionFederalSDNY

USA v. CTRL Group Limited and Dreamland Limited

The United States alleged that CTRL Group Limited and Dreamland Limited, Hong Kong-based companies listed on Nasdaq, engaged in pump-and-dump market manipulation schemes. The DOJ filed civil forfeiture complaints seeking recovery of approximately $19.5 million in cash and stock obtained through the schemes.

Forward this
$19.50M alleged lossFiled: Jun 30 · 12:00 UTCUpdated: Jun 30 · 19:11 UTC
Defendants (2)
  • CTRL Group Limited
    Entity defendant
  • Dreamland Limited
    Entity defendant
Charges
  • Securities fraud
  • Ponzi
SourceU.S. Department of Justice

https://www.justice.gov/usao-sdny/pr/us-attorney-announces-recovery-195-million-victims-china-based-pump-and-dump-schemes