AmeriFirst Charged with Fraud
Yesterday was a busy day for the Fort Worth division of the SEC. Earlier that morning, news of the SEC's recent complaint against Dallas-based bank holdings company AmeriFirst Funding Inc. - and the subsequent investor fraud allegations - were leaked to Market News First. Now, just under an hour ago, the SEC released a statement in which they announced that an emergency lawsuit had been filed against the company, along with a temporary restraining order halting AmeriFirst's offering of Secured Debt Obligations (SDOs) and a notice that the company's assets were to be immediately frozen.The story leading up to the…