SEC v. ONGKARUCK SRIPETCH, No. 3:20-cv-01864, Southern District of California (June 20, 2025) — Judgment

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UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.
ONGKARUCK SRIPETCH; AMANDA
FLORES; BREHNEN KNIGHT;
ANDREW MCALPINE, ASHMIT
PATEL; MICHAEL WEXLER;
DOMINIC WILLIAMS; ADTRON INC.
a/k/a STOCKPALOOZA.COM; ATG
INC.; DOIT, LTD.; DOJI CAPITAL,
INC.; KING MUTUAL SOLUTIONS
INC.; OPTIMUS PRIME FINANCIAL
INC.; ORCA BRIDGE; REDLINE
INTERNATIONAL; and UAIM
CORPORATION,
Defendants.
 Case No.:  20-cv-01864-H-AGS

FINAL JUDGMENT AS TO
DEFENDANT ONGKARUCK
SRIPETCH

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Pursuant to the September 11, 2023 consent judgment between Plaintiff Securities
and Exchange Commission (“SEC”) and Defendant Ongkaruck Sripetch,  (Doc.  No.  92),
and the Court’s April 8, 2024 order granting in part Plaintiff SEC’s motion for remedies
against Defendant Sripetch, (Doc. No. 165), the Court enters the following final judgment
against Defendant Ongkaruck Sripetch:
The Securities and Exchange Commission having filed a Complaint and Defendant
Ongkaruck Sripetch (“Defendant”) having entered a general appearance; consented to the
Court’s jurisdiction over Defendant Sripetch and the subject matter of this action; the Court
having entered an Order on April 8, 2024 finding that the Commission is entitled to a final
judgment against Defendant Sripetch; and the Court having considered the Commission’s
motion for entry of final judgment and all the pleadings and evidence submitted in support
thereof:
I.
IT  IS  HEREBY  ORDERED,  ADJUDGED,  AND  DECREED  that  Defendant
Sripetch  is  permanently  restrained  and  enjoined  from  violating,  directly  or  indirectly,
Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. §
78j(b),  and  Rule  10b-5  promulgated  thereunder,  17  C.F.R.  §  240.10b-5,  by  using  any
means or instrumentality of interstate commerce, or of the mails, or of any facility of any
national securities exchange, in connection with the purchase or sale of any security:
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state a material
fact necessary in order to make the statements made, in the light of the circumstances under
which they were made, not misleading; or
(c) to engage in any act, practice, or course of business which operates or would
operate as a fraud or deceit upon any person.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who  receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)

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Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).
II.
IT  IS  HEREBY  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that
Defendant Sripetch is permanently restrained and enjoined from violating Section 17(a) of
the Securities Act of 1933 (the “Securities Act”), 15 U.S.C. § 77q(a), in the offer or sale of
any security by the use of any means or instruments of transportation or communication in
interstate commerce or by use of the mails, directly or indirectly:
(a) to employ any device, scheme, or artifice to defraud;
(b) to obtain money or property by means of any untrue statement of a material
fact or any omission of a material fact necessary in order to make the statements made, in
light of the circumstances under which they were made, not misleading; or
(c) to engage in any transaction, practice, or course of business which operates or
would operate as a fraud or deceit upon the purchaser.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who  receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)
Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).
III.
IT  IS  HEREBY  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that
Defendant Sripetch is permanently restrained and enjoined from violating Section 5 of the
Securities Act, 15 U.S.C. § 77e, by, directly or indirectly, in the absence of any applicable
exemption:
(a) Unless a registration statement is in effect as to a security, making use of any
means or instruments of transportation or communication in interstate commerce or of the
mails to sell such security through the use or medium of any prospectus or otherwise;

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(b) Unless a registration statement is in effect as to a security, carrying or causing
to be carried through the mails or in interstate commerce, by any means or instruments of
transportation, any such security for the purpose of sale or for delivery after sale; or
(c) Making use of any means or instruments of transportation or communication
in interstate commerce or of the mails to offer to sell or offer to buy through the use or
medium of any prospectus or otherwise any security, unless a registration statement has
been filed with the Commission as to such security, or while the registration statement is
the subject of a refusal order or stop order or (prior to the effective date of the registration
statement) any public proceeding or examination under Section 8 of the Securities Act, 15
U.S.C. § 77h.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who  receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)
Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).
IV.
IT  IS  HEREBY  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that
Defendant Sripetch is permanently restrained and enjoined from violating Section 9(a)(1)
of  the  Exchange  Act, 15  U.S.C.  §  78i(a)(1),  by,  directly  or  indirectly,  by  the  use  of  the
mails  or  any  means  or  instrumentality  of  interstate  commerce,  or  of  any  facility  of  any
national securities exchange, for the purpose of creating a false or misleading appearance
of active trading in any security other than a government security, or a false or misleading
appearance with respect to the market for any such security, (A) to effect any transaction
in such security which involves no change in the beneficial ownership thereof, or (B) to
enter an order or orders for the purchase of such security with the knowledge that an order
or orders of substantially the same size, at substantially the same time, and at substantially
the same price, for the sale of any such security, has been or will be entered by or for the
same or different parties, or (C) to enter any order or orders for the sale of any such security

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with the knowledge that an order or orders of substantially the same size, at substantially
the same time, and at substantially the same price, for the purchase of such security, has
been or will be entered by or for the same or different parties.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who  receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)
Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).
V.
IT  IS  HEREBY  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that
Defendant Sripetch is permanently barred from participating in an offering of penny stock,
including  engaging  in  activities  with  a  broker,  dealer,  or  issuer  for  purposes  of  issuing,
trading, or inducing or attempting to induce the purchase or sale of any penny stock.  A
penny  stock  is  any  equity  security  that  has  a  price  of  less  than  five  dollars,  except  as
provided in Rule 3a51-1 under the Exchange Act, 17 C.F.R. 240.3a51-1.
VI.
IT  IS  HEREBY  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that
Defendant Sripetch  is  liable  for  disgorgement  of  $2,251,923.16,  representing  net  profits
gained  as  a  result  of  the  conduct  alleged  in  the  Complaint,  together  with  prejudgment
interest thereon in the amount of $1,051,353.77, for a total of $3,303,276.93.  Defendant
Sripetch will  satisfy  this  obligation  by  paying  $3,303,276.93  to  the  Securities  and
Exchange Commission within 30 days after entry of this Final Judgment.  Funds transferred
to the Commission pursuant to Section VII herein will offset Defendant’s $3,303,276.93
obligation.
Defendant Sripetch may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request.  Payment may also
be  made  directly  from  a  bank  account  via  Pay.gov  through  the  SEC  website  at
http://www.sec.gov/about/offices/ofm.htm.  Defendant Sripetch may also pay by certified

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check, bank cashier’s check, or United States postal money order payable to the Securities
and Exchange Commission, which must be delivered or mailed to:
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and must  be  accompanied  by  a  letter  identifying  the  case  title,  civil  action  number,  and
name of this Court; Ongkaruck Sripetch as a defendant in this action; and specifying that
payment is made pursuant to this Final Judgment.
Defendant Sripetch must  simultaneously  transmit  photocopies  of  evidence  of
payment and case identifying information to the Commission’s counsel in this action.  By
making this payment, Defendant Sripetch relinquishes all legal and equitable right, title,
and interest in such funds and no part of the funds will be returned to Defendant.
The Commission will hold the funds (collectively, the “Fund”) until further order of
this  Court.    The  SEC  may  propose  a  plan  to  distribute  the  Fund  subject  to  the  Court’s
approval, and the Court will retain jurisdiction over the administration of any distribution
of the Fund.
The   Commission   may   enforce   the   Court’s   judgment   for   disgorgement   and
prejudgment interest by using all collection procedures authorized by law, including, but
not limited to, moving for civil contempt at any time after 30 days following entry of this
Final Judgment.  Defendant will pay post judgment interest on any amounts due after 30
days of entry of this Final Judgment pursuant to 28 U.S.C. § 1961.
VII.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  within  3  days
after  being  served  with  a  copy  of  this  Final  Judgment,  E*Trade  by  Morgan  Stanley
(“E*Trade”) must transfer the entire balance of the following brokerage accounts which
were frozen pursuant to an Order of this Court to the Commission:

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Account Name Account Number Ending in:
Ongkaruck Sripetch ****0535
Ongkaruck Sripetch ****6070
Ongkaruck Sripetch SEP ****6399
Adtron,     Inc.,     (Ongkaruck     Sripetch,
president)
****6567

IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  within  3  days
after being served with a copy of this Final Judgment, TD Ameritrade, N.A. must transfer
the  entire  balance  of  the  following  brokerage  account  which  was  frozen  pursuant  to  an
Order of this Court to the Commission:
Account Name Account Number Ending in:
Adtron,      Inc.      (Ongkaruck      Sripetch,
president)
****7567

IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  within  3  days
after  being  served  with  a  copy  of  this  Final  Judgment,  Bank  of  the  West  n/k/a  BMO
Financial Group, must transfer the entire balance of the following bank account which was
frozen pursuant to an Order of this Court to the Commission:
Account Name Account Number Ending in:
Adtron,      Inc.      (Ongkaruck      Sripetch,
president)
054-42-xxxx

IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  within  3  days
after  being  served  with  a  copy  of  this  Final  Judgment,  Citibank,  N.A.  must  transfer  the
entire balance of the following brokerage account which was frozen pursuant to an Order
of this Court to the Commission:

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Account Name Account Number Ending in:
Ongkaruck Sripetch ****3791

E*Trade, Citibank, N.A., TD Ameritrade, N.A. and Bank of the West may transmit
payment   electronically   to   the   Commission,   which   will   provide   detailed   ACH
transfer/Fedwire  instructions  upon  request.    Payment  may  also  be  made  directly  from  a
bank        account        via        Pay.gov        through        the        SEC        website        at
http://www.sec.gov/about/offices/ofm.htm.  E*Trade Securities, LLC, Citibank, N.A., TD
Ameritrade, N.A. and Bank of the West also may transfer these funds by certified check,
bank cashier’s check, or United States postal money order payable to the Securities and
Exchange Commission, which must be delivered or mailed to:
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and must  be  accompanied  by  a  letter  identifying  the  case  title,  civil  action  number,  and
name of this Court; and specifying that payment is made pursuant to this Final Judgment.
VIII.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, for purposes of
exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523,
the allegations in the operative complaint are true and admitted by Defendant Sripetch, and
further,  any  debt  for  disgorgement,  prejudgment  interest,  civil  penalty  or  other  amounts
due by Defendant Sripetch under this Final Judgment or any other judgment, order, consent
order, decree or settlement agreement entered in connection with this proceeding, is a debt
for the violation by Defendant Sripetch of the federal securities laws or any regulation or
order issued under such laws, as set forth in Section 523(a)(19) of the Bankruptcy Code,
11 U.S.C. §523(a)(19).
/ / /

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IX.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court will
retain  jurisdiction  of  this  matter  for  the  purposes  of  enforcing  the  terms  of  this  Final
Judgment.
X.
There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of
Civil Procedure, the Clerk is ordered to enter this Final Judgment forthwith and without
further notice.
 IT IS SO ORDERED.
DATED: April 17, 2024

       MARILYN L. HUFF, District Judge
       UNITED STATES DISTRICT COURT

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UNITED STATES DISTRICT COURT 

SOUTHERN DISTRICT OF CALIFORNIA 

 

SECURITIES AND EXCHANGE 
COMMISSION, 

Plaintiff, 

v. 

ONGKARUCK SRIPETCH; AMANDA 
FLORES; BREHNEN KNIGHT; 
ANDREW MCALPINE, ASHMIT 
PATEL; MICHAEL WEXLER; 
DOMINIC WILLIAMS; ADTRON INC. 
a/k/a STOCKPALOOZA.COM; ATG 
INC.; DOIT, LTD.; DOJI CAPITAL, 
INC.; KING MUTUAL SOLUTIONS 
INC.; OPTIMUS PRIME FINANCIAL 
INC.; ORCA BRIDGE; REDLINE 
INTERNATIONAL; and UAIM 
CORPORATION, 

Defendants. 

 Case No.:  20-cv-01864-H-AGS 
 
FINAL JUDGMENT AS TO 
DEFENDANT ONGKARUCK 
SRIPETCH 
 
 

 
 

 

 

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Pursuant to the September 11, 2023 consent judgment between Plaintiff Securities 

and Exchange Commission (“SEC”) and Defendant Ongkaruck Sripetch, (Doc. No. 92), 

and the Court’s April 8, 2024 order granting in part Plaintiff SEC’s motion for remedies 

against Defendant Sripetch, (Doc. No. 165), the Court enters the following final judgment 

against Defendant Ongkaruck Sripetch: 

The Securities and Exchange Commission having filed a Complaint and Defendant 

Ongkaruck Sripetch (“Defendant”) having entered a general appearance; consented to the 

Court’s jurisdiction over Defendant Sripetch and the subject matter of this action; the Court 

having entered an Order on April 8, 2024 finding that the Commission is entitled to a final 

judgment against Defendant Sripetch; and the Court having considered the Commission’s 

motion for entry of final judgment and all the pleadings and evidence submitted in support 

thereof: 

I. 

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant 

Sripetch is permanently restrained and enjoined from violating, directly or indirectly, 

Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. § 

78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5, by using any 

means or instrumentality of interstate commerce, or of the mails, or of any facility of any 

national securities exchange, in connection with the purchase or sale of any security: 

(a) to employ any device, scheme, or artifice to defraud;  

(b) to make any untrue statement of a material fact or to omit to state a material 

fact necessary in order to make the statements made, in the light of the circumstances under 

which they were made, not misleading; or 

(c) to engage in any act, practice, or course of business which operates or would 

operate as a fraud or deceit upon any person. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

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Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

II. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that 

Defendant Sripetch is permanently restrained and enjoined from violating Section 17(a) of 

the Securities Act of 1933 (the “Securities Act”), 15 U.S.C. § 77q(a), in the offer or sale of 

any security by the use of any means or instruments of transportation or communication in 

interstate commerce or by use of the mails, directly or indirectly: 

(a) to employ any device, scheme, or artifice to defraud;  

(b) to obtain money or property by means of any untrue statement of a material 

fact or any omission of a material fact necessary in order to make the statements made, in 

light of the circumstances under which they were made, not misleading; or 

(c) to engage in any transaction, practice, or course of business which operates or 

would operate as a fraud or deceit upon the purchaser. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

III. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that 

Defendant Sripetch is permanently restrained and enjoined from violating Section 5 of the 

Securities Act, 15 U.S.C. § 77e, by, directly or indirectly, in the absence of any applicable 

exemption: 

(a) Unless a registration statement is in effect as to a security, making use of any 

means or instruments of transportation or communication in interstate commerce or of the 

mails to sell such security through the use or medium of any prospectus or otherwise;  

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(b) Unless a registration statement is in effect as to a security, carrying or causing 

to be carried through the mails or in interstate commerce, by any means or instruments of 

transportation, any such security for the purpose of sale or for delivery after sale; or 

(c) Making use of any means or instruments of transportation or communication 

in interstate commerce or of the mails to offer to sell or offer to buy through the use or 

medium of any prospectus or otherwise any security, unless a registration statement has 

been filed with the Commission as to such security, or while the registration statement is 

the subject of a refusal order or stop order or (prior to the effective date of the registration 

statement) any public proceeding or examination under Section 8 of the Securities Act, 15 

U.S.C. § 77h. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

IV. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that 

Defendant Sripetch is permanently restrained and enjoined from violating Section 9(a)(1) 

of the Exchange Act, 15 U.S.C. § 78i(a)(1), by, directly or indirectly, by the use of the 

mails or any means or instrumentality of interstate commerce, or of any facility of any 

national securities exchange, for the purpose of creating a false or misleading appearance 

of active trading in any security other than a government security, or a false or misleading 

appearance with respect to the market for any such security, (A) to effect any transaction 

in such security which involves no change in the beneficial ownership thereof, or (B) to 

enter an order or orders for the purchase of such security with the knowledge that an order 

or orders of substantially the same size, at substantially the same time, and at substantially 

the same price, for the sale of any such security, has been or will be entered by or for the 

same or different parties, or (C) to enter any order or orders for the sale of any such security 

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with the knowledge that an order or orders of substantially the same size, at substantially 

the same time, and at substantially the same price, for the purchase of such security, has 

been or will be entered by or for the same or different parties. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

V. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that 

Defendant Sripetch is permanently barred from participating in an offering of penny stock, 

including engaging in activities with a broker, dealer, or issuer for purposes of issuing, 

trading, or inducing or attempting to induce the purchase or sale of any penny stock.  A 

penny stock is any equity security that has a price of less than five dollars, except as 

provided in Rule 3a51-1 under the Exchange Act, 17 C.F.R. 240.3a51-1. 

VI. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that 

Defendant Sripetch is liable for disgorgement of $2,251,923.16, representing net profits 

gained as a result of the conduct alleged in the Complaint, together with prejudgment 

interest thereon in the amount of $1,051,353.77, for a total of $3,303,276.93.  Defendant 

Sripetch will satisfy this obligation by paying $3,303,276.93 to the Securities and 

Exchange Commission within 30 days after entry of this Final Judgment.  Funds transferred 

to the Commission pursuant to Section VII herein will offset Defendant’s $3,303,276.93 

obligation. 

Defendant Sripetch may transmit payment electronically to the Commission, which 

will provide detailed ACH transfer/Fedwire instructions upon request.  Payment may also 

be made directly from a bank account via Pay.gov through the SEC website at 

http://www.sec.gov/about/offices/ofm.htm.  Defendant Sripetch may also pay by certified 

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check, bank cashier’s check, or United States postal money order payable to the Securities 

and Exchange Commission, which must be delivered or mailed to: 

Enterprise Services Center 

Accounts Receivable Branch 

6500 South MacArthur Boulevard 

Oklahoma City, OK 73169 

and must be accompanied by a letter identifying the case title, civil action number, and 

name of this Court; Ongkaruck Sripetch as a defendant in this action; and specifying that 

payment is made pursuant to this Final Judgment. 

Defendant Sripetch must simultaneously transmit photocopies of evidence of 

payment and case identifying information to the Commission’s counsel in this action.  By 

making this payment, Defendant Sripetch relinquishes all legal and equitable right, title, 

and interest in such funds and no part of the funds will be returned to Defendant. 

The Commission will hold the funds (collectively, the “Fund”) until further order of 

this Court.  The SEC may propose a plan to distribute the Fund subject to the Court’s 

approval, and the Court will retain jurisdiction over the administration of any distribution 

of the Fund. 

The Commission may enforce the Court’s judgment for disgorgement and 

prejudgment interest by using all collection procedures authorized by law, including, but 

not limited to, moving for civil contempt at any time after 30 days following entry of this 

Final Judgment.  Defendant will pay post judgment interest on any amounts due after 30 

days of entry of this Final Judgment pursuant to 28 U.S.C. § 1961. 

VII. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that within 3 days 

after being served with a copy of this Final Judgment, E*Trade by Morgan Stanley 

(“E*Trade”) must transfer the entire balance of the following brokerage accounts which 

were frozen pursuant to an Order of this Court to the Commission: 

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Account Name Account Number Ending in: 

Ongkaruck Sripetch ****0535 

Ongkaruck Sripetch ****6070 

Ongkaruck Sripetch SEP ****6399 

Adtron, Inc., (Ongkaruck Sripetch, 

president) 

****6567 

 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that within 3 days 

after being served with a copy of this Final Judgment, TD Ameritrade, N.A. must transfer 

the entire balance of the following brokerage account which was frozen pursuant to an 

Order of this Court to the Commission: 

Account Name Account Number Ending in: 

Adtron, Inc. (Ongkaruck Sripetch, 

president)  

****7567 

 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that within 3 days 

after being served with a copy of this Final Judgment, Bank of the West n/k/a BMO 

Financial Group, must transfer the entire balance of the following bank account which was 

frozen pursuant to an Order of this Court to the Commission: 

Account Name Account Number Ending in: 

Adtron, Inc. (Ongkaruck Sripetch, 

president)  

054-42-xxxx 

 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that within 3 days 

after being served with a copy of this Final Judgment, Citibank, N.A. must transfer the 

entire balance of the following brokerage account which was frozen pursuant to an Order 

of this Court to the Commission: 

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Account Name Account Number Ending in: 

Ongkaruck Sripetch ****3791 

 

E*Trade, Citibank, N.A., TD Ameritrade, N.A. and Bank of the West may transmit 

payment electronically to the Commission, which will provide detailed ACH 

transfer/Fedwire instructions upon request.  Payment may also be made directly from a 

bank account via Pay.gov through the SEC website at 

http://www.sec.gov/about/offices/ofm.htm.  E*Trade Securities, LLC, Citibank, N.A., TD 

Ameritrade, N.A. and Bank of the West also may transfer these funds by certified check, 

bank cashier’s check, or United States postal money order payable to the Securities and 

Exchange Commission, which must be delivered or mailed to: 

Enterprise Services Center  

Accounts Receivable Branch  

6500 South MacArthur Boulevard  

Oklahoma City, OK 73169  

and must be accompanied by a letter identifying the case title, civil action number, and 

name of this Court; and specifying that payment is made pursuant to this Final Judgment. 

VIII. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, for purposes of 

exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, 

the allegations in the operative complaint are true and admitted by Defendant Sripetch, and 

further, any debt for disgorgement, prejudgment interest, civil penalty or other amounts 

due by Defendant Sripetch under this Final Judgment or any other judgment, order, consent 

order, decree or settlement agreement entered in connection with this proceeding, is a debt 

for the violation by Defendant Sripetch of the federal securities laws or any regulation or 

order issued under such laws, as set forth in Section 523(a)(19) of the Bankruptcy Code, 

11 U.S.C. §523(a)(19). 

/ / / 

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IX. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court will 

retain jurisdiction of this matter for the purposes of enforcing the terms of this Final 

Judgment. 

X. 

There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of 

Civil Procedure, the Clerk is ordered to enter this Final Judgment forthwith and without 

further notice. 

 IT IS SO ORDERED. 

DATED: April 17, 2024 
                                                                             
       MARILYN L. HUFF, District Judge 
       UNITED STATES DISTRICT COURT 

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