Rocket firm Virgin Orbit.Matthew Horwood/Getty ImagesThe SEC has filed charges against a Texas man over his offer to invest $200 million in Virgin Orbit.The SEC says Matthew Brown claimed to have $182 million but had less than $1 in his bank account.Virgin Orbit, which aimed to compete with Elon Musk's SpaceX, went bankrupt in 2023.

BING NEWS:
  • SEC alleges Fort Worth man with under $1 in account made fraudulent $200M investment bid
    In a statement, the SEC said Matthew Brown and his company, Matthew Brown LLC, made an unsolicited offer to invest $200 million in Virgin Orbit, a company owned by Richard Branson’s Virgin Group. In ...
    06/21/2024 - 10:29 am | View Link
  • Fort Worth man offered $200M to buy Virgin Orbit. He had less than $1 in his bank account, SEC claims
    The Securities and Exchange Commission is suing a Fort Worth native, claiming he submitted a ‘bogus offer’ of $200 million to buy a now-defunct aerospace company, according to a lawsuit obtained by ...
    06/21/2024 - 6:42 am | View Link
  • D-FW man tried to invest $200 million in rocket company, had less than $1 in bank account
    The Securities and Exchange Commission is suing a D-FW resident for allegedly submitting a fraudulent $200 million offer to invest in Long Beach, Calif.-based Virgin Orbit, Richard Branson’s defunct ...
    06/20/2024 - 10:08 am | View Link
  • A Texas man tried to buy a rocket company for $200 million. The SEC claims he never had the money.
    The SEC has filed charges against a Texas man over his offer to invest $200 million in Virgin Orbit.The SEC says Matthew Brown claimed to have $182 million but had less than $1 in his bank ...
    06/20/2024 - 1:32 am | View Link
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