Danny Pang -- SEC freezes accused fraudster fugitive's accounts

By Jake on
Danny Pang has formally been charged with fraud by the Securities and Exchange Commission. The SEC has also frozen Pang's account.According to the allegations, filed in federal court in Los Angeles, Pang defrauded investors out of hundreds of millions of dollars.Pang traveled to China shortly after the Wall Street Journal published an article detailing his shady investing practices. His current whereabouts are unknown.From the Bloomberg News: April 27 (Bloomberg) -- The Securities...Read Full Story