Rc Investment Corp

Securities regulators said Tuesday that a complaint was filed against two Westlake Village companies and their principals accusing them of operating a Ponzi scheme that took in $6.7 million. RC Investment Corp., Pinnacle Investment Corp., Robert A. Coberly Jr., 36, of Westlake Village and Curtis D. Somoza, 36, of Beverly Hills were charged with securities fraud and securities registration violations for offering so-called prime bank notes.

Securities regulators said Tuesday that a complaint was filed against two Westlake Village companies and their principals accusing them of operating a Ponzi scheme that took in $6.7 million. RC Investment Corp., Pinnacle Investment Corp., Robert A. Coberly Jr., 36, of Westlake Village and Curtis D. Somoza, 36, of Beverly Hills were charged with securities fraud and securities registration violations for offering so-called prime bank notes.