Multiple charges for Vika Ventures and its CEO after $6m fraud

CEO accused of spending investors’ millions on private jets, expensive watches, and lavish travel.

The venture capital firm Vika Ventures LLC and its CEO and co-founder, George Iakovou, are facing multiple fraud charges by both the Securities and Exchange Commission (SEC) and the US Attorney’s Office of the Department of Justice.

The SEC is charging Vika Ventures and Iakovou with fraudulently offering and

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in