逾1.3亿美元、数万名投资者：SEC起诉BG Wealth与DSJ Exchange，两家公司用虚假SEC备案冒充获批
美国证券交易委员会（SEC）10月29日宣布起诉 BG Wealth Sharing Ltd. 与 DSJ Exchange Pty Ltd.：两家公司在科罗拉多州注册、实际在境外运营，被指经营一个以虚假 SEC 备案撑门面的投资骗局，从数万名散户投资者手中吸纳逾 1.3 亿美元。诉讼已提交至加州北区联邦地区法院。
据 SEC 诉状，至少自 2025 年 10 月至 2026 年 6 月，两家公司以一个「财富分享计划」招揽投资者——投资者分布在美国 40 多个州及多个美国领地——承诺由所谓超级智能（SI）生成的加密资产交易「信号」带来高额、无风险的回报。BG Wealth 还自称是「全球最大的对冲基金」、已在 SEC 注册为投资顾问，并称与号称持牌、安全的加密交易平台 DSJ Exchange 合作。SEC 称，这些说法全不属实，两家公司从未在 SEC 注册。
骗局最具迷惑性的一步，是利用 SEC 自己的公开备案系统冒充获批：两家公司向 SEC 提交虚假的 Form ADV 与 Form D 备案，把这些可公开查阅的备案拿给投资者看，冒充已获 SEC 许可或批准，还展示带 SEC 印章的假证书。SEC 执法部网络与新兴技术组主管 Laura D'Allaird 表示：「这一被指控的骗局经过精心策划，从被告选择用来接触目标受众的众多传播渠道就可见一斑——从社交媒体、加密通讯渠道，到每周直播视频会议和手机应用，他们想尽办法留住投资者；还靠展示带 SEC 印章的假证书、周期性向部分投资者付款（一种类庞氏手法）维持骗局，其余资金则被挪用。」SEC 已将 BG Wealth 的 Form ADV 与 DSJ Exchange 的 Form D 从其网站移除。
收费与诉求：SEC 指控两家公司违反 1933 年《证券法》与 1934 年《证券交易法》的反欺诈条款，另指控 BG Wealth 违反 1940 年《投资顾问法》第 204(a) 条与第 207 条；SEC 请求法院判令对两家公司处以永久禁令、追缴非法所得并加计判决前利息、处以民事罚款，并对 BG Wealth 另处行为禁令。上述指控目前未经法院判决。
SEC 投资者教育与援助办公室已就此类手法发布投资者警示，提醒公众警惕利用豁免报告顾问备案制造合法假象、谎称已在 SEC 注册的骗局，并建议投资者通过 Investor.gov 核查任何投资推销方的背景。Alberta 证券委员会、夏威夷商务与消费者事务部证券执法处、德州证券委员会、犹他州商务部证券司、华盛顿州金融机构部与威斯康星州金融机构部等机构为本案提供了协助。
来源：GSM·美国
More Than $130 Million From Tens of Thousands of Investors: SEC Charges BG Wealth and DSJ Exchange in Scheme That Used False SEC Filings to Look Approved
The U.S. Securities and Exchange Commission (SEC) announced on October 29 that it has charged BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd., two foreign-operated entities incorporated in Colorado, with orchestrating an investment fraud scheme that used false SEC filings to boost investor confidence and raised more than $130 million from tens of thousands of retail investors. The complaint was filed in the U.S. District Court for the Northern District of California.
According to the SEC's complaint, from at least October 2025 through June 2026, BG Wealth and DSJ Exchange induced investors, many located in more than 40 U.S. states and multiple U.S. territories, to participate in a supposed "wealth-sharing program" by promising extraordinary, risk-free returns generated by so-called SI-generated "signals" for crypto asset trading. BG Wealth also claimed to be the world's largest hedge fund, claimed to be registered with the SEC as an investment adviser, and claimed to be partnered with DSJ Exchange, a purported licensed and secure crypto trading platform. The SEC says none of that was true, and neither entity was ever registered with the Commission.
The scheme's defining move was to use the SEC's own public filing systems to look approved: the defendants submitted false Form ADV and Form D filings to the SEC, then pointed investors to those publicly viewable filings as supposed proof that the SEC had licensed or approved them, and displayed fake certificates bearing the SEC's seal. "This alleged scheme was well-planned, as evidenced by how many different communications channels the defendants chose to broadcast to their target audiences. From social media and encrypted messaging channels to weekly live videoconferences and a mobile app, they were determined to keep investors engaged. They further sustained the ruse by displaying fake certificates with the SEC's seal and making periodic payments to certain investors - a Ponzi-like tactic - while misappropriating the remaining funds," said Laura D'Allaird, Chief of the SEC Enforcement Division's Cyber and Emerging Technologies Unit. The Form ADV filed by BG Wealth and the Form D filed by DSJ Exchange have been removed from the Commission's website.
The SEC charged both companies with violating the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, and charged BG Wealth with violating Sections 204(a) and 207 of the Investment Advisers Act of 1940. The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against both defendants, and conduct-based injunctions against BG Wealth. The allegations have not been adjudicated.
The SEC's Office of Investor Education and Assistance has issued investor alerts warning that scammers are using SEC exempt reporting adviser filings to create a false impression of legitimacy and lure investors with false claims of SEC registration, and it encourages investors to use Investor.gov to check the background of anyone offering or selling them an investment. The SEC said it appreciates the assistance of the Alberta Securities Commission; the Hawaii Department of Commerce and Consumer Affairs, Securities Enforcement Branch; the Texas State Securities Board; the Utah Department of Commerce, Division of Securities; the Washington State Department of Financial Institutions; and the Wisconsin Department of Financial Institutions, among other authorities and regulators.
Source: GSM News, America
来源：GSM·美国（原文链接）
图片来源：图：美国证券交易委员会（SEC）总部大楼（GSM联邦固定图库）。两名被告无官方照片。 / Image: U.S. Securities and Exchange Commission (SEC) headquarters (GSM federal fixed-image library). No official photos of the defendants are available.
