Calvin Guess; Marcus Ligon; 5 Fruits Enterprises LLC

The U.S. Securities and Exchange Commission (SEC) has charged Las Vegas residents Calvin Guess and Marcus Ligon, along with their company 5 Fruits Enterprises LLC, for a multimillion-dollar investment fraud scheme. The SEC alleges that Guess and Ligon raised over $4.7 million from 140 investors by claiming they would profitably invest funds using automated trading bots. The SEC's complaint charges Guess, Ligon, and 5 Fruits with violating securities laws and requires them to pay disgorgement, prejudgment interest, and civil penalties totaling $3,527,178.11. The final judgment also imposes a conduct-based injunction on Guess and Ligon prohibiting them from participating in securities offerings and accepting investor funds.