SEC v. Juan Campo, No. LR-26058, District of Columbia (July 26, 2024) — Press Release
raw: Juan [a/k/a John] Campo
Juan [a/k/a John] Campo, No. 1:24-CV-2198 (D.D.C. July 26, 2024)
summary
The SEC charged former View Systems, Inc. CEO Juan Campo with securities fraud for falsely claiming the company was engaged in cannabis and COVID-19 temperature screening businesses.
paragraph
The SEC has charged Colombian resident Juan Campo with violating antifraud and reporting provisions of the Securities Exchange Act of 1934. Campo allegedly misrepresented that View Systems had acquired a cannabis company and developed a real-time temperature screening device between 2019 and 2022. Additionally, he is accused of certifying a 2020 annual report that contained a fraudulent audit report.
narrative
The Securities and Exchange Commission has charged Juan Campo, the former CEO of View Systems, Inc., with securities fraud for orchestrating a scheme to misrepresent the company's business operations. From July 2019 through July 2022, Campo allegedly used press releases, social media, and SEC filings to falsely claim the company had acquired the cannabis firm Sannabis S.A.S. and had developed a real-time COVID-19 temperature screening product. The complaint further alleges that Campo signed and certified a 2020 annual report that included a fake audit report to misrepresent the company's financial statements. The SEC's charges include violations of Section 10(b) of the Securities Exchange Act and Rule 10b-5, as well as aiding and abetting company reporting violations. In the filed complaint, the SEC is seeking an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo.
Classified accounting-fraud(confidence 97%). EDGAR detection: forms 10-K/10-Q/8-K/NT 10-K· recall 80% / precision 48%. detection rule →
Statutes
Parties
Securities and Exchange CommissionJuan Campo
Keywords
view systemscampoviewsystemscompanysecurities exchangesecsecuritiesexchangejulyjuan johnjohn campoexchange commissionjuanfalsely
Exhibits & Attached Documents (1)
Extracted insights
Entities 8
- agency a fake audit report in a view systems sec filing
- person christopher bruckmann
- person devon staren
- person juan campo
- agency sec’s complaint
- agency sec’s investigation
- agency Securities and Exchange Commission
- agency the financial industry regulatory authority
Triples 15
- SEC Charges Ex-CEO of View Systems, Inc. with Securities Fraud for Falsely Claiming the Company Was Engaged in Business Operations that It Was Not
- Juan Campo Creating the false impression that View Systems was actively engaged in two potentially lucrative lines of business, temperature screening for Covid-19 and cannabis
- Juan Campo Including a fake audit report in a View Systems SEC filing
- SEC’s complaint Alleges that from July 2019 through July 2022, Campo made and disseminated numerous false statements in View Systems press releases, the company’s Twitter account, company filings with the SEC, and on the company’s website
- Juan Campo Falsely Representing that View Systems had acquired Sannabis S.A.S., a cannabis company, when Campo knew that View Systems had never completed this acquisition
- Juan Campo Falsely Representing that View Systems had developed a real time temperature screening product, when Campo knew View Systems had no such device, and could not build one unless it raised additional capital
- Juan Campo Signing and Certifying View Systems’ 2020 annual report which falsely represented the company’s financial statements had been audited and included a fake audit report
- SEC’s complaint Charges Campo with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and the certification provision of Exchange Act Rule 13a-14
- SEC’s complaint Charges Campo with aiding and abetting the company’s violations of the company reporting provisions, Exchange Act Section 13(a) and Rules 12b-20, 13a-1, and 13a-13 thereunder
- The complaint Seeks an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo
- SEC’s investigation Conducted by Ashley Sprague and Sachin Verma
- SEC’s investigation Supervised by Lisa Deitch, Peter Rosario, and Stacy Bogert
- The case Litigated by Devon Staren
- The case Supervised by Christopher Bruckmann
- The SEC Appreciates the assistance of the Financial Industry Regulatory Authority
PDF (from attached: complaint)
Text layers
Extracted body text (2,613c)
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26058 / July 26, 2024 Securities and Exchange Commission v. Juan [a/k/a John] Campo, No. 1:24-CV-2198 (D.D.C. filed July 26, 2024) SEC Charges Ex-CEO of View Systems, Inc. with Securities Fraud for Falsely Claiming the Company Was Engaged in Business Operations that It Was Not On July 26, 2024, the Securities and Exchange Commission charged Colombian resident Juan Campo, the former CEO of View Systems, Inc., with securities fraud for creating the false impression that View Systems was actively engaged in two potentially lucrative lines of business, temperature screening for Covid-19 and cannabis, and for including a fake audit report in a View Systems SEC filing. The SEC’s complaint, filed in the U.S. District Court for the District of Columbia, alleges that from July 2019 through July 2022, Campo made and disseminated numerous false statements in View Systems press releases, the company’s Twitter account, company filings with the SEC, and on the company’s website. As alleged in the complaint, Campo falsely and repeatedly represented that View Systems had acquired Sannabis S.A.S., a cannabis company, when Campo knew that View Systems had never completed this acquisition. The complaint also alleges that in late 2020—during the height of the COVID-19 pandemic—Campo falsely represented that View Systems had developed a real time temperature screening product, when Campo knew View Systems had no such device, and could not build one unless it raised additional capital. In addition, the complaint alleges that in July 2022, Campo signed and certified View Systems’ 2020 annual report which falsely represented the company’s financial statements had been audited and included a fake audit report. The SEC’s complaint charges Campo with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and the certification provision of Exchange Act Rule 13a-14. The complaint also charges Campo with aiding and abetting the company’s violations of the company reporting provisions, Exchange Act Section 13(a) and Rules 12b-20, 13a-1, and 13a-13 thereunder. The complaint seeks an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo. The SEC’s investigation was conducted by Ashley Sprague and Sachin Verma, and supervised by Lisa Deitch, Peter Rosario, and Stacy Bogert. The case will be litigated by Devon Staren, and supervised by Christopher Bruckmann. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.
OCR text (2,613c · html-text · 99% conf)
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26058 / July 26, 2024 Securities and Exchange Commission v. Juan [a/k/a John] Campo, No. 1:24-CV-2198 (D.D.C. filed July 26, 2024) SEC Charges Ex-CEO of View Systems, Inc. with Securities Fraud for Falsely Claiming the Company Was Engaged in Business Operations that It Was Not On July 26, 2024, the Securities and Exchange Commission charged Colombian resident Juan Campo, the former CEO of View Systems, Inc., with securities fraud for creating the false impression that View Systems was actively engaged in two potentially lucrative lines of business, temperature screening for Covid-19 and cannabis, and for including a fake audit report in a View Systems SEC filing. The SEC’s complaint, filed in the U.S. District Court for the District of Columbia, alleges that from July 2019 through July 2022, Campo made and disseminated numerous false statements in View Systems press releases, the company’s Twitter account, company filings with the SEC, and on the company’s website. As alleged in the complaint, Campo falsely and repeatedly represented that View Systems had acquired Sannabis S.A.S., a cannabis company, when Campo knew that View Systems had never completed this acquisition. The complaint also alleges that in late 2020—during the height of the COVID-19 pandemic—Campo falsely represented that View Systems had developed a real time temperature screening product, when Campo knew View Systems had no such device, and could not build one unless it raised additional capital. In addition, the complaint alleges that in July 2022, Campo signed and certified View Systems’ 2020 annual report which falsely represented the company’s financial statements had been audited and included a fake audit report. The SEC’s complaint charges Campo with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and the certification provision of Exchange Act Rule 13a-14. The complaint also charges Campo with aiding and abetting the company’s violations of the company reporting provisions, Exchange Act Section 13(a) and Rules 12b-20, 13a-1, and 13a-13 thereunder. The complaint seeks an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo. The SEC’s investigation was conducted by Ashley Sprague and Sachin Verma, and supervised by Lisa Deitch, Peter Rosario, and Stacy Bogert. The case will be litigated by Devon Staren, and supervised by Christopher Bruckmann. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.