Marco G. Santarelli
No reply on file from Marco G. Santarelli on this matter.
Claims entered
No claim has been entered on this docket.
1 filed · 1 on the record. The chronology below carries every filing, docket event and outcome — open a row there for its source.
Open to posting — anyone may add to this file, subject to the review queue.
The chronology
Gov, Institution and Public name who produced a document; Event marks a thing that happened, not a document.
1 entry of another class is hidden by this filter — show every class.
By when it happened. Rows with no date on their face are shown as undated, not guessed. Hover, focus or tap a row for its full detail.
Opened at stage filed
No crime on the record yet.
No statutes on the record yet.
"The SEC’s complaint, filed in the United States District Court for the Central District of California, alleges that, from at least June 2020 to June 2024, Santarelli, through his company Norada Capital Management, LLC, raised tens of millions of dollars through the sale of unsecured, high-yield promissory notes that Santarelli falsely described as having “strong capital preservation potential.” In reality, Norada’s investments were volatile and speculative, and by August 2023, the SEC alleges that Santarelli and Norada could no longer satisfy the returns they had promised to investors, and began making Ponzi-like payments in which investor returns were paid using funds obtained from new investors."
"In a parallel action, Santarelli pled guilty to criminal charges brought by the United States Attorney’s Office for the Central District of California."
"Santarelli, No. 8:25-cv-02375 (C.D."
No parties on the record yet.
No amounts on the record yet.