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As SEC Sued Simeo of Viking Energy Promised Escrow Payments Still Not

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Nov 27 – Tom Simeo is charged civilly by the SEC for false statements while he was CFO of Viking Energy Group. He is representing himself pro se. 

 On October 23 U.S. District Court for the Southern District of New York Judge John P. Cronan, who now has the case, held a proceeding. Inner City Press covered it. 

 At issue is when Simeo will start making the escrow payments he has committed to.

He blames his delay on the COVID pandemic. He signed that Guangfang "Cecile" Yang was Viking's CFO.

Things seem to be moving toward a motion for summary judgment by the SEC.

The case is  Securities and Exchange Commission v. Simeo, 19-cv-8621 (Cronan)

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