On October 4, 2017, the Securities and Exchange Commission announced that it had obtained a final judgment against former Connecticut resident Homero Joshua Garza. Garza was previously charged with carrying out a fraudulent offering on unregistered securities and running a Ponzi scheme. The final judgment was entered on October 4.

The defendant has been ordered liable for disgorgement of $9,182,000 as well as prejudgment interest of $742,774. The judgment resolves the litigation against Garza in its entirety. The SEC has already obtained an $11 million final judgment against ZenMiner and GAW Miners.

Garza was also charged in a criminal case. He pled guilty on July 20, 2017 to a single count of wire fraud. The defendant is scheduled to be sentenced on January 5, 2018. Additional details can be found here.

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