An Arizona man will pay nearly $3.2 million to settle SEC allegations he used $1.5 million in investor funds to pay for Disney cruises, private jets, and plastic surgery in Beverly Hills, Calif.
David A. Harbour allegedly misappropriated at least $1.5 million from four investors and used the funds to pay personal credit card debts incurred for a Universal Studios trip, golf tournament tickets, and a $2,300 restaurant bill, according to a July 31 Securities and Exchange Commission complaint. Harbour will pay almost $3.2 million to settle the charges, the agency said in a July 31 release.
In ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.