Brent Seaman of Naples, Florida allegedly defrauded investors of over $35 million and used the money to fund his lavish lifestyle. His biography explored.
Florida man charged over $35M ponzi scheme targeting elderly church members.
Brent Seaman of Naples, Florida allegedly defrauded investors and used the money to fund his lavish lifestyle. Below are everything to know about the businessman, his family, and charges.
Who is Brent Seaman?
Brent Seaman is a businessman executve from Naples, Florida, United States. He is a well-known man in the finance sector owning Accanito Capital Group for over 11 years since 2012.
On July 2023, Seaman was accused of running a Ponzi scheme that defrauded dozens of elderly and retired church members out of their life savings has been charged, the Securities and Exchange Commission (SEC) has announced. He allegedly used the defrauded money to fund his lavish lifestyle.
What is Brent Seaman charges with?
Brent Seaman — a currency trader from Naples, Florida — was charged by the SEC on Thursday, per a press release shared on the Commission’s website.
In the release, Seaman was accused of “fraudulently raising approximately $35 million from at least 60 investors through an unregistered securities offering.”
“Many of these investors were elderly, retired, and connected to a Naples church where Seaman was an active member,” the SEC said, alleging “that, from approximately June 2019 until September 2022, Seaman told investors he would use their money to invest in technology companies and to trade currencies and commodities.”
“Seaman falsely promised annual returns ranging between 18 and 48 percent and described the investments as ‘safe’ and the returns as ‘guaranteed.’” the SEC continued.
The SEC complaint alleged, “that Seaman solicited investors by touting his proven success investing in currencies when, in reality, he was losing millions of dollars of investors’ money and his currency trading was always unprofitable.”
Seaman also, according to the SEC, allegedly “misappropriated millions of dollars for himself,” and used those funds “in part to purchase luxury automobiles and to pay for trips on private planes.”
“Finally, Seaman allegedly made Ponzi-like payments to investors because he did not generate profits in connection with his trading sufficient to pay investors their required monthly distributions.”
Eric I. Bustillo, Director of the SEC’s Miami Regional Office, said in the release that “This action reflects a deep commitment to pursue those who prey on vulnerable investors.”
What does Brent Seaman do for a living?
According to his LinkedIn page, Seaman has been the Founder/CEO of Accanito Capital Group since 2012. The company, the description says, allows clients “the opportunity to operate on an enterprise scale while growing.” Seaman is also listed as the Executive Board Member of Surge Data, per Linkedin.
The SEC’s Thursday statement said that both companies were charged “with violating the antifraud provisions of the Securities Exchange Act of 1934.” The Act regulates the transactions of securities that take place in the secondary market, per Cornell Law School.
Who is Brent Seaman’s wife?
Brent Seaman is a married man and has been married to a woman named Jana Seaman. His partner is also named in the complaint as a relief defendant.
His wife Jana is an entrepreneur and per her Instagram bio, she is has two children and has lost her husband (who might be her first partner before meeting Brent). Her bio reads “widowed mother of 2, Serial entrepreneur. Driving Global Ventures to Sustainable Success @valoholdingsgroup”.
How many children does Brent Seaman have?
Aside from being a businessman and a husband, Brent Seaman is also a father. Per his Instagram, he has two daughter.
He has a brother named Brennen Seaman who is also an entrepreneur.
On Instagram and Facebook, he posted photos of himself and his family traveling the world in private jets and driving luxury cars.
What is Brent Seaman’s net worth?
While exact figures of his fortune is not reported anywhere, Brent Seaman has an estimated net worth between $1 million and $5 million. He accrued his money from his various business endeavors.