SEC alleges history of concealment by Airborne Wireless insiders

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SEC alleges history of concealment by Airborne Wireless insiders

By Jorge Mercado / Friday, March 5th, 2021 / Comments Off on SEC alleges history of concealment by Airborne Wireless insiders

The U.S. Securities and Exchange Commission filed a suit on March 2 against Simi Valley-based Airborne Wireless Network and seven of its shareholders and executives, accusing them of orchestrating a $45 million pump-and-dump stock fraud scheme. The lawsuit was filed in federal court in New York. The defendants are Kalistratos Kabilafkas of Moorpark; his father,…

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