La Jolla Financial Services Firm CEO Pleads Guilty to Securities Fraud

The CEO of a La Jolla-based financial services firm pleaded guilty Wednesday to defrauding shareholders, falsifying tax returns and operating an unlicensed money services business. David Nava, head of Surf Financial Group LLC, worked with others to convert publicly traded companies’ debt into unrestricted stock under false pretenses, and then sold the stock, despite being […]