A district court judge in Connecticut issued an emergency order last Thursday freezing the assets of Ian Renert and Hawthorne Sterling & Company, an unregistered investment adviser in Wilton, Conn., according to the SEC.

The Securities and Exchange Commission filed a formal complaint on Friday alleging that Renert, the owner and controller of Hawthorne, organized a fraudulent offering of $22 million in unregistered offshore mutual funds, according to the SEC. Based on an SEC motion, Judge Peter Dorsey of the United States District Court in New Haven, Conn. froze the assets and ordered expedited discovery, the SEC said.

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