Albert Golusin; Peter Jacobs; John Scuderi

The Securities and Exchange Commission (SEC) filed fraud charges against Arizona residents Albert Golusin, Peter Jacobs, and John Scuderi for their alleged role in a $21 million microcap fraud scheme from January 2017 to mid-2022. The SEC alleges that the individuals misrepresented their control of American Green's stock, violated securities laws, and conducted manipulative trading. The main purpose of the SEC charges is to hold accountable those responsible for fraudulent activities in the microcap market. This case highlights the importance of accurate disclosure and compliance with securities regulations to prevent such schemes, which can have a significant impact on investors and the industry as a whole.