“Instead of telling investors the truth—that Woodbridge’s third-party lending business was a sham almost from inception—we allege that Acevedo and Roseman worked diligently to perpetuate this sham by preparing and disseminating false marketing materials to induce more investments, keeping this massive Ponzi scheme afloat,” said Eric I. Bustillo, director of the SEC’s Miami Regional Office. “The SEC is committed to continue to hold responsible parties accountable in this far-reaching scheme.”