Tr?id=566623520170033&ev=PageView&noscript=1

ÍøÆØ³Ô¹Ï

SEC Charges Marine Veteran in $2.5 Million Ponzi Scheme

Posted on June 26th, 2025 at 12:11 PM
SEC Charges Marine Veteran in $2.5 Million Ponzi Scheme

The Securities and Exchange Commission (“SEC”) has charged Marine Corps veteran Christopher Aubin with fraud, accusing him of running a $2.5 million Ponzi scheme that defrauded dozens of investors, including several of his former military colleagues. ÍøÆØ³Ô¹Ïalth Management reports that Aubin’s companies, Anchor State Capital and Anchor State Properties, also face charges as co-defendants.

Though neither Aubin nor his businesses registered with the SEC, Anchor State marketed itself as a financial firm offering capital access and tailored financial planning from so-called accredited professionals. Aubin promised investors lucrative opportunities through short-term, high-interest loans for real estate projects. He claimed investors would receive returns between 12 percent and 19 percent on investments lasting just one to eight months.

According to the SEC’s complaint, Aubin capitalized on his status as a veteran to earn the trust of his victims. Several Marines who had served alongside him invested in the scheme, along with other personal and professional contacts. Investors transferred funds through wire, check, and cash, relying on Aubin’s promises of reliable, high-yield opportunities.

In reality, ÍøÆØ³Ô¹Ïalth Management reports that Aubin made very few legitimate loans. Instead, he used new investor funds to pay earlier investors, a classic Ponzi scheme structure. The SEC alleged that Aubin diverted much of the money for personal and business expenses, including luxury travel, vehicles, and extravagant meals. To sustain the scheme, Aubin persuaded investors to roll over both their principal and promised interest into new contracts, delaying repayments.

 

ÍøÆØ³Ô¹Ï LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law, sec

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

I learned two important things working with ÍøÆØ³Ô¹Ï. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

1777908810 Law
May 4, 2026
KKR Limits Redemptions in Private Credit Fund Amid Rising Investor Withdrawals

KKR & Co.

1777663103 Law
May 1, 2026
Former Texas Advisor Pleads Guilty in Multi-Million Dollar Ponzi Scheme

A former financial advisor and media personality in San Antonio has admitted to defrauding clients in a large-scale Ponzi scheme involving hundreds of investors and millions of dollars, according to reporting by Financial Advisor News.

1777565671 Law
April 30, 2026
SEC Charges Adviser's Estate and Firm in Alleged $1.68 Million Client Fund Misappropriation Scheme

The Securities and Exchange Commission has filed a civil enforcement action against the estate of former investment adviser John R.