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brooklynite

(94,719 posts)
Wed Aug 26, 2020, 09:52 PM Aug 2020

Former football player Jack Brewer (at RNC) under investigation for Stock Fraud...

The U.S. Securities and Exchange Commission (SEC) filed civil insider trading charges against Brewer in August 2020. The SEC alleged that Brewer sold 100,000 shares in a penny stock, COPsync, after receiving confidential information indicating that the share price was likely to drop, and that Brewer "profited by approximately $35,000 more than he otherwise would have." Brewer did consulting work for COPsync which promoted a messaging system for law enforcement, described as an "Amber Alert for police officers." Brewer had also recruited eight former and current athletes to promote the company. COPsync went bankrupt 2017, and in 2018 the SEC revoked the registration of the company's stock.

https://en.wikipedia.org/wiki/Jack_Brewer_(American_football)

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