New Jersey Bureau of Securities Assesses $2 million Penalty Against Hudson County Couple and Their Bogus Private Investment Fund Management Company for Defrauding Investors through the Fraudulent Sale of Unregistered Securities

West New York residents Alcibiades Cifuentes, his wife, Jennifer Wee Cifuentes, and Cifuentes Fund Management, LLC (“CFM”) violated the State’s Uniform Securities Law by offering investors unregistered securities in the form of investment contracts...
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