The allegations read: Sec ia release 4645/february 8, 2017: the securities and exchange commission (commission) deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted pursuant to section 203(f) of the investment advisers act of 1940 (advisers act) against thomas a. Guerriero. On january 26, 2017, a final judgment was entered by consent against guerriero, permanently enjoining him from future violations of sections 5 and 17(a) of the securities act of 1933, and sections 20(b) and 10(b) of the securities exchange act of 1934 and rule 10b-5 thereunder, in the civil action entitled securities and exchange commission v. Oxford city football club, inc., et al., civil action number 15-cv-62594, in the united states district court for the southern district of florida. On may 13, 2016, guerriero was convicted of one count of conspiracy to commit wire and mail fraud in violation of title 18 united states code, sections 1349 before the united states district court for the southern district of florida, in united states v. Thomas a. Guerriero, crim. Information no. 15-60317-cr. A final judgment in the criminal case was entered against guerriero on may 17, 2016. Guerriero was sentenced to a prison term of 151 months followed by three years of supervised release and ordered to make restitution in the amount of $6,600,000.
