Skip to main content

SEC Catches Renegade Bunny

Names like Bernard Madoff Investment Securities and Stanford Financial Group can understandably sneak under the SEC's radar. But you might think that an outfit that goes by the name of Radical Bunny whose business model is strikingly similar to loan sharking might get a little bit of attention. The SEC's watchful eye allowed over 900 investors to kick in just short of $200 million based, in part, on the claim that Bunnymen investments were not subject to securities laws. For anybody else who decided to turn over their cash to magic bean salesmen working at places called Fraudulent Monkey and the like, the SEC is waiting for your call.