I’m sure there are more details not listed here.
Is the business involved bankrupt ,so the SEC cannot retrieve money from that company anymore?
How is the SEC involved anyway in the first place?
“Is the business involved bankrupt ,so the SEC cannot retrieve money from that company anymore?”
They operated a ponzi scheme.
“How is the SEC involved anyway in the first place?”
The company was shutdown by the SEC for ponzi scheme violations and assets seized by the SEC which the appointed a receiver for the company to reclaim lost money.
The receiver then filed a civil lawsuit against the “pre seizure” company and officer and several other entities including this church.