The case filed by the SEC last week against Geoffrey H. Lunn and two other individuals for an alleged fraud called the “.44 Magnum Leveraged Financing Program” is one of those where you can’t help but shake your head as you read it. In fact, I defy you to not go into full “smh” mode, as your teenager would put it, while you read through these alleged facts.
Just to set the tone for what is to come below, let me tell you Lunn’s explanation for his alleged actions. Lunn testified that a one-eyed man using an alias, and whose true identity and whereabouts remain unknown, threatened to kill him and his family if he did not cooperate in the scheme.
