PledgeMusic Majority Shareholder Faces SEC Stock Fraud Charges

The charges are unrelated to PledgeMusic — though this isn’t a good sign. The U.S. Securities & Exchange Commission (SEC) has issued formal stock fraud charges against a majority PledgeMusic shareholder. Joshua Sason, founder and CEO of Magna Group and a significant PledgeMusic backer, has been charged with orchestrating approximately $25 million in securities fraud involving […]

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