Wow, pretty blatant stuff here. Forged signatures! But some of this could have been prevented. For instance, one of the defrauded equity investors was apparently promised a guaranteed 8% annual return, and was asked to wire money in advance of deal documentation [0]... both of which should have immediately been red flags.
Raw press release here. [1]
[0] Jensen complaint: https://s3.amazonaws.com/arc-wordpress-client-uploads/adn/wp...
[1] https://www.justice.gov/usao-sdny/pr/former-ceo-alaska-based...