FRAUD: Jeffrey Wall – Maine concert promoter charged – operating financial fraud – Christian music events [#JeffreyWall #FinancialFraud] 04/03
Securities and Exchange Commission has obtained a judgment against a Maine concert promoter who was charged with operating a financial fraud related to Christian music events.
The commission charged Jeffrey Wall of Freeport and his business, The Lighthouse Events, a year ago. The judgment against Wall finds that Jeffrey Wall and Lighthouse are liable for fraudulently raising more than $3 million in unregistered offerings from some 145 investors.
Jeffrey Wall promised the investors their money would go toward the promotion of and hosting of Christian music events, but he used the money for other purposes, such as to pay his own debts.
Maine Christian-concert promoter found liable for investment fraud: