SEC Charges San Francisco Bay Area Private Fund Executives with Multimillion Dollar Ponzi-Like Scheme

U.S. SEC — The Securities and Exchange Commission today charged Mark D. Hanf, the former CEO of Novato, California-based Pacific Private Money Group LLC (PPMG), and Hoai-Nam Chu Phan, the former COO of a PPMG subsidiary, with orchestrating an offering fraud that…

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Auto-published by the finit.news Regulation monitor from U.S. SEC; summarized by AI and may contain errors — verify against the primary source. September 2, 2026.

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