As a once-high profile tech “investor” charged with fraud by the U.S. Securities and Exchange Commission awaits a decision on extradition from the court in Malta, the SEC’s case against him is moving forward.
In the SEC’s case, attorney Melanie Damian was recently appointed receiver of Miami Beach-based Onix Capital and its subsidiaries. In November, the SEC filed fraud charges and an asset freeze against Alberto Chang-Rajii and his asset management firm Onix.
Damian will take possession of any assets held by Onix, including pre-IPO investments in Uber, Snapchat, Square and other technology companies. Once the assets are secured, she will then make recommendations to the court and liquidator on the method in which investors seeking relief in the U.S. can recoup their investments, Damian said.
