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Brief
The United States Securities and Exchange Commission (SEC) obtained a final judgment against Dharma Teja Nukarapu, SharkDreams, Inc., and D Dollar Inc. for their role in a fraudulent offering scheme. The defendants allegedly raised approximately $2.7 million from more than 20 investors through false and misleading statements. The main purpose of this enforcement action is to hold perpetrators accountable for securities fraud, protecting investor confidence and market integrity. This judgment bars Nukarapu from acting as an officer or director of a public company for ten years and orders significant disgorgement and civil penalties.
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