SAN DIEGO (FOX 5/KUSI) — A La Jolla couple is facing federal charges after prosecutors claim they orchestrated a years-long securities and money laundering scheme that generated tens of millions of dollars.
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According to federal authorities, Brett Rosen, 45, and Deborah Rosen, 44, were indicted by a federal grand jury on 24 criminal counts after being accused of running an alleged $100 million market manipulation scheme through their joint investment business, RC Capital Partners, Inc.
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Prosecutors allege that since 2020, the Rosens financed, promoted and sold stock in six publicly traded companies: Optec International, Sunshine Biopharma, BlockQuarry Corp., Solar Integrated Roofing Corp., Cyberlux Corp., and Ilustrato Pictures International. Investigators say the couple used misleading promotions to inflate interest in the companies while secretly selling off their own shares at a profit.
According to the indictment, the Rosens allegedly provided false and misleading information to investors and the broader market about their financial backing and stock holdings in the companies. Prosecutors say the goal was to encourage public investment while the couple quietly “dumped” their shares, earning millions of dollars in the process.
Court documents further allege the couple used the proceeds of the scheme to support an extravagant lifestyle, including the purchase of multi-million-dollar home in the La Jolla Shores area…