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

Photo: Screenshot of Vika Ventures website

Martina Lindberg

2 min read
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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

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