SEC指控模块化建筑公司S2A Modular两名创始人6500万美元发行欺诈，两人同意和解
美国证券交易委员会（SEC）2026年7月24日发布诉讼公告称，该委员会已于7月23日向加州北区联邦地区法院提起已和解的指控，控告模块化建筑公司 S2A Modular Corp. 两名联合创始人 Brian Kuzdas 与 John Rowland 实施发行欺诈。SEC指控两人挪用投资者资金的相当部分，并在客户需求与机构投资前景上误导投资者。
起诉书指控，2018年4月至2025年1月间，两人以在全美建设与运营模块化建筑「超级工厂」（MegaFactories）为名，从全国近350名散户投资者手中募得约6,500万美元。两人告诉投资者，资金只会用于其选定的那座工厂，但实际上在未告知投资者的情况下，把相当部分资金挪往加州帕特森的另一座工厂；2020年至2023年间，两人谎称已签约600多套产品，实际到2024年底只取得约100份客户合同；2022年至2025年初，两人又反复宣称机构投资即将落地，尽管他们明知不会发生。
两人未承认指控内容，同意接受最终判决（须经法院批准）：永久禁止违反《1933年证券法》第17(a)条与《1934年证券交易法》第10(b)条及10b-5规则，各支付20万美元民事罚款，并各接受为期两年的高管与董事禁令。案件编号为5:26-cv-07616。
关联：SEC起诉纽约投资顾问Pennetta骗局：向投资者募资逾1050万美元，逾620万美元被挪用
SEC Charges S2A Modular Founders With $65 Million Offering Fraud; Pair Agree to Settle
The U.S. Securities and Exchange Commission announced in a litigation release dated July 24, 2026, that on July 23 it had filed settled charges in the U.S. District Court for the Northern District of California against Brian Kuzdas and John Rowland, co-founders of modular construction company S2A Modular Corp., alleging an offering fraud. The SEC alleges the two men misused significant portions of investor funds and misled investors about customer demand and the prospects for institutional investment.
According to the complaint, from approximately April 2018 through January 2025 the pair raised about $65 million from nearly 350 retail investors nationwide to build and operate modular-building “MegaFactories” across the United States. Investors were told their money would be used only for the specific factory they chose, but the complaint alleges the defendants diverted a substantial portion to another factory in Patterson, California without telling them; that from 2020 through 2023 they falsely claimed more than 600 units under contract when they had obtained only around 100 customer contracts by the end of 2024; and that from 2022 through early 2025 they repeatedly claimed institutional investment was imminent despite knowing it was not.
Without admitting the allegations, Kuzdas and Rowland consented to final judgments, subject to court approval, permanently enjoining them from violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, ordering each to pay a $200,000 civil penalty, and imposing two-year officer and director bars on each. The case is No. 5:26-cv-07616.
来源：美国证券交易委员会
发布：GSM·美国（发布链接）
图片来源：图：位于华盛顿的美国证券交易委员会总部大楼玻璃幕墙与门前灯柱（资料照片）。David (dbking) 摄，CC BY 2.0，经 Wikimedia Commons。 / Photo: Glass facade and lamp posts of the U.S. Securities and Exchange Commission headquarters in Washington, D.C. (file photo). Photo by David (dbking), CC BY 2.0, via Wikimedia Commons.
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