securities fraud

GINA CHAMPION-CAIN CHARGED WITH SECURITES FRAUD, HAS EAST COUNTY TIES

By Miriam Raftery

September 3, 2019 (San Diego) – Gina Champion-Cain has long been hailed as one of San Diego’s most powerful women business leaders.  But on Thursday, the U.S. Securities and Exchange Commission announced charges against her and her company, ANI Development, calling it a “multi-year $300 million scheme” that allegedly defrauded some 50 retail investors, the San Diego Union-Tribune reports.