California couple charged with $100 Million fraud

Published on

Last Updated on January 22, 2026 by The HD Post Staff

CALIFORNIA – The U.S. Department of Justice (DOJ) announced January 21 that a California couple was indicted by a federal grand jury for running a years-long securities fraud and money-laundering scheme through their investment firm, RB Capital Partners.

According to the 24-count indictment, Brett Rosen, 45, and Deborah Rosen, 44, of La Jolla, engaged in a market-manipulation scheme since 2020 by financing, promoting, and selling stock in six publicly traded companies: Optec International, Sunshine Biopharma, BlockQuarry, Solar Integrated Roofing, Cyberlux, and Ilustrato Pictures International.

The indictment alleges the Rosens made false and misleading statements to investors and the market about their financing of and stock positions in these companies.

The false and misleading information was intended to lure investors while the Rosens secretly sold their own shares, generating millions of dollars.

According to the indictment and court records, the Rosens used profits from the securities fraud scheme to fund a lavish lifestyle, including the purchase of a multimillion-dollar home in La Jolla Shores.

The charges include conspiracy, securities fraud, and money laundering, carrying potential penalties of up to 20 years in prison and millions in fines.

An indictment contains allegations only, and the defendants are presumed innocent unless and until proven guilty.

RELATED: California CEO pleads guilty to defrauding an investor of $777,470

spot_img

Latest articles

California homeowners offered new way to tap equity without payments — but costs add up

CALIFORNIA — A lender is rolling out a new loan product targeting older homeowners,...

$194,000 fiber optic cable theft disrupts communications in San Bernardino; 9 arrested

CALIFORNIA  –  Investigators with the San Bernardino County Sheriff’s Department Rural Crimes Task Force...

$5.2 Million in sales signals car wash boom in Southern California

HESPERIA — A series of retail property deals across the Inland Empire is signaling...

Why Build-to-Rent Homes Are Growing in the Inland Empire

CALIFORNIA — A growing number of new homes in the Inland Empire are no...

More like this

$194,000 fiber optic cable theft disrupts communications in San Bernardino; 9 arrested

CALIFORNIA  –  Investigators with the San Bernardino County Sheriff’s Department Rural Crimes Task Force...

$5.2 Million in sales signals car wash boom in Southern California

HESPERIA — A series of retail property deals across the Inland Empire is signaling...

Why Build-to-Rent Homes Are Growing in the Inland Empire

CALIFORNIA — A growing number of new homes in the Inland Empire are no...