SEC defendant Bongiorno ordered to pay $929,729 (U.S.)
2026-01-02 19:39 ET - Street Wire
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
by Mike Caswell
Christopher Bongiorno, the Ohio man charged in the United States over his touting of TSX Venture Exchange listing Petroteq Energy Inc. and another stock, must pay $929,729 in restitution, a judge has ordered. (All figures are in U.S. dollars.) Prosecutors said that Mr. Bongiorno, using the alias "John Powers," operated call rooms and received illegal kickbacks. He was part of an operation that manipulated thinly traded stocks from 2016 to 2019, according to prosecutors.
The $929,729 in restitution is set out in an amended judgment entered on Dec. 30, 2025, in federal court in Ohio. Mr. Bongiorno, who previously pleaded guilty to a charge of conspiracy to commit securities fraud, did not contest the amount. He must pay 10 per cent of his income while he is on supervised release, a period of three years.
The order comes with Mr. Bongiorno, 47, having nearly completed the one-year jail term that he received for the scheme. He has been serving that sentence at FCI Elkton, a low-security federal prison in Ohio. The Bureau of Prisons lists his release date as Jan. 16, 2026.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2026 Canjex Publishing Ltd. All rights reserved.
Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated,
although libelous remarks, obscene language and impersonations may be deleted.
Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the
University of Ottawa's FAQ regarding Defamation and SLAPPs.
as have said for decades, this is commies in USA with CDN commie prosecutors and judges allowing SEC actions, meanwhile now it is known that at least since obama was elected, kniggas in inner cities been getting $8000/mo in ebt food stamps and snap, illegally, and that somalias in USA have been scamming for multi millions fro the US Treasury and these commie fuk SEC p o s are stealing canadians money. NAME THE FUKIN CANADIAN JUDGES ALLOWING THESE JUDGMENTS YOU SCUMBAGS AND NAMES OF THE PROSECUTORS!
Posted by oh at 2026-01-03 18:14
Sorry folks...staffing in the healthcare system has been more than a bit hectic this holiday weekend.
However, you can rest assured that while it looks like someone forgot to sign off on the nursing station computer here in Riverview yesterday, the doors to the ward were always securely locked.
The reason for oh's rant above?? The ward TV was restricted to Sesame Street reruns (due to oh hiding the remote) and he forgot where it was hidden.
We got him a new one, and he's now singing.
"Oh I'm happy and I know it, clap my hands.
If YOU'RE happy and YOU know it, clap YOUR hands.
If you're happy and you know it, then don't say that I did blow it,
Just because I'm wacko, DON'T you clap your hands
Posted by oh, oh...he's off his meds again at 2026-01-04 21:07