The U.S. Securities and Exchange Commission has obtained an emergency order freezing the assets of two Quebecers who allegedly sold a virtual currency that raised $15 million from investors by falsely promising a 13-fold profit in less than a month.
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The complaint was filed in court Monday in Brooklyn against Dominic Lacroix, his company PlexCorps and his partner, Sabrina Paradis-Royer.
The alleged activities took place between this past August and present day.
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Lacroix and Paradis-Royer were also cited by Quebec’s markets regulator earlier this year.
But the U.S. court filing suggests they continued to peddle the investment despite a Quebec tribunal ruling calling on them to stop earlier this year.
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The U.S. agency described Lacroix as a recidivist violator of Quebec securities laws and allege he and PlexCorps marketed and sold securities dubbed PlexCoin through the internet to investors in the United States and abroad.
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