Investment Security
Synchrony Group, LLCFind BBB Accredited Businesses in Investment Security.
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Important information
- Pending Government Action:US Securities & Exchange Commission vs. Synchrony Group, LLC
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.
On 4/23/2019 the US Securities & Exchange Commission announced that it had obtained an emergency asset freeze and temporary restraining order to halt an ongoing fraudulent securities offering by Synchrony Group, LLC.
According to the SEC's complaint, from mid-2017 to the present, Eric Lyons, principal, and various investment adviser entities with the name Synchrony that Lyons controlled engaged in a scheme to misappropriate assets from hedge funds Lyons and these Synchrony adviser entities managed. The SEC alleges that Lyons transferred hundreds of thousands of dollars from the Synchrony hedge funds to Lyons' personal bank accounts to pay for personal expenses, including frequent vacation travel, entertainment, rent, automobile lease payments, and other personal expenses.
Business Details
- BBB File Opened:
- 4/23/2019
- Business Started:
- 9/27/2018
- Business Started Locally:
- 10/1/2018
- Business Incorporated:
- 9/27/2018
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Names:
- Neurosynchrony Capital
- Number of Employees:
- 2
Additional Contact Information
- Customer Contacts
- Mr. Eric Lyons, Manager
- Social Media
Additional Information
- Business Categories
- Investment Security
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