Trending Now: Trump’s newest business partner: A Chinese firm with a history of SEC investigations is helping take his new media company public
| Arc Capital has been targeted by federal securities regulators, who say the firm misrepresented shell companies with no products and few employees as ambitious, growing enterprises. Before working with former president Donald Trump, the Shanghai-based company repeatedly helped create or finance companies with little or no revenue, no customers and office locations that point to P.O. boxes, according to a Washington Post review of regulatory and court filings. |
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| | | |  |  | | Must-read stories around major news events | | | Trending Now | Dec. 23, 1:39 p.m. EST | | | | | Arc Capital has been targeted by federal securities regulators, who say the firm misrepresented shell companies with no products and few employees as ambitious, growing enterprises. Before working with former president Donald Trump, the Shanghai-based company repeatedly helped create or finance companies with little or no revenue, no customers and office locations that point to P.O. boxes, according to a Washington Post review of regulatory and court filings. | | | | | |
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