SEC Charges Companies and CEO for Misleading COVID-19 Claims

Washington D.C., May 14, 2020

The Securities and Exchange Commission today announced charges in two cases involving companies that claimed in press releases to offer products to combat the COVID-19 virus – one against Applied BioSciences Corp. and one against Turbo Global Partners, Inc. and its CEO, Robert W. Singerman. The SEC previously suspended trading temporarily in the securities of Applied BioSciences and Turbo Global.

According to the SEC’s complaint against Applied BioSciences, filed in federal court in the Southern District of New York, the company issued a press release on March 31 stating that it had begun offering and shipping supposed finger-prick COVID-19 tests to the general public that could be used for “Homes, Schools, Hospitals, Law Enforcement, Military, Public Servants or anyone wanting immediate and private results.” The complaint alleges that contrary to these claims, the tests were not intended for home use by the general public and could be administered only in consultation with a medical professional. The complaint further alleges that Applied BioSciences had not shipped any COVID-19 tests as of March 31, and its press release failed to disclose that the tests were not authorized by the U.S. Food and Drug Administration.

The SEC’s complaint against Turbo Global and Singerman, filed in federal court in the Middle District of Florida, alleges that the company issued false and misleading press releases on March 30 and April 3 regarding a purported “multi-national public-private-partnership” to sell thermal scanning equipment to detect individuals with fevers. According to the complaint, the company claimed in its press releases that this technology could be instrumental in “breaking the chain of virus transmission through early identification of elevated fever, one of the key early signs of COVID-19.” As alleged, the press releases also included statements, attributed to the CEO of Turbo Global’s supposed corporate partner in the partnership, that the technology “is 99.99% accurate” and was “designed to be deployed IMMEDIATELY in each State.” In fact, the complaint alleges, Turbo Global had no agreement to sell the product, there was no partnership involving any government entities, and the CEO of Turbo Global’s supposed corporate partner did not make or authorize the statements attributed to him. According to the complaint, Singerman drafted the releases, which he knew to be false. The SEC charged Singerman with fraud in 1999 based on his fraudulent sale of securities through a network of boiler rooms, and obtained a permanent injunction against him.

https://www.sec.gov/news/press-release/2020-111

Clapper: 'Routine' to ask to 'unmask' unknown individuals in intelligence reports

05/14/20 09:44 AM EDT

Former Director of National Intelligence (DNI) James Clapper said Thursday it is “routine” to “unmask” American citizens who have been caught up in surveillance of foreign individuals as Republicans spark an uproar over allegations that officials spied on former national security adviser Michael Flynn.

“Over the six and a half almost seven years when I served as DNI I would say perhaps once or twice a week perhaps,” Clapper said on CNN when asked how frequently he would request an American’s identity to be revealed.

“It’s a routine thing. It’s appropriate and legitimate when you have a valid foreign intelligence target engaging with a U.S. person. Is it, for example, an insider, someone in the government engaging with a foreign adversary? So it’s important from the standpoint of potential jeopardy to national security that you understand what’s going on.”

Former DNI James Clapper says it’s “routine” to ask to unmask unknown individuals in intelligence reports.

When a US government person engages with a foreign adversary, it’s important to know what’s going on for national security purposes, he adds.https://t.co/FvDmJh1Y2P pic.twitter.com/4M1WiFWZVm

— New Day (@NewDay) May 14, 2020

Clapper was one of several Obama-era officials named on Wednesday by the Trump administration and Republican senators who they say asked for documents that led to Flynn being “unmasked” from intelligence reports between the 2016 election and President Trump’s inauguration.

Government officials typically redact the names of American citizens in intelligence reports they receive in order to protect their privacy, though it is common for officials to request that the names be revealed, or “unmasked,” to provide the government with context about the material.

Clapper maintained that officials do not know the individual who will be unmasked prior to making their request, dismissing claims that the government was working to target Flynn.

“Again, if I’d known that, there wouldn’t have been a need to ask,” he said.

Clapper requested officials “unmask” Flynn three times, though he said he does not recall what prompted his requests.

https://thehill.com/policy/national-security/497732-clapper-routine-to-ask-to-unmask-unknown-individuals-in-intelligence

PANIC

>>9168501

O = October

BB = 22

O = 15

15 + 22 = 37

3+7 = 10

October = 10

had a moment, sorry…

>>9168607

Would love for this to happen but this will NOT happen until his top officials sing or evidence to made public of how Hussein was a fraud… Going to be hard for normies to swallow.

>>9168659

>>9168671

thought - by foreign agents revealed

but you could be closer

>>9168676

>did you forget this?

No, but too many sleeple aren't critical thinkers or even paying attention.

I explained that to someone that I knew was a critical thinker… He said, "then why isn't the DoJ doing anything about it?'" Followed by, "If the DoJ under Trump isn't doing anything about it then it probably wasn't illegal".

'Frustration' can not quite describe the conversation…

when I said normies I really meant sleeple..