SEC charges two Colorado entities in $130 million fraud scheme

The Securities and Exchange Commission said it charged BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd, two foreign-operated Colorado-incorporated entities, in an alleged $130 million fraud scheme that used false SEC filings to bolster investor confidence, according to the agency’s Oct. 29, 2026 press release. The SEC’s announcement said the companies orchestrated a scheme that relied on false filings made with the agency. The release did not, in the source text provided, detail the specific charges beyond that description, but it identified both entities by name and said they were Colorado-incorporated and foreign-operated.

Source: Blockchain.News