Former cyberfraud prevention company CEO Adam Rogas is permanently banned from serving as an officer or director of a public company, a federal judge has ruled.
“A permanent bar is needed in order to protect the public, deter further misconduct, and lend confidence to the public and the financial markets,” Judge Richard M. Berman said in his Thursday order.
Rogas willfully defrauded investors by falsifying bank statements, making it appear NS8 was generating millions in revenue with tens of millions of dollars in assets on hand, said the US District Court for the Southern District of New York judge. ...
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