A wannabe venture capitalist who made a “bogus offer” to buy Richard Branson’s satellite company is being sued by the Securities and Exchange Commission (SEC).
Matthew Brown, from Dallas-Fort Worth, owner of investment managing firm Matthew Brown Companies LLC, submitted a fake picture of a bank account in March 2023 that said he had $182 million while trying to purchase Virgin Orbit, a now-defunct company that launched small satellites into orbit, according to the SEC lawsuit.
