SEC v. Oxford City Football Club, Inc., et al. (boiler rooms, 2017)

Judgment entered

✓ Checked against the primary document on October 2, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

Report an error in this record (sec-oxford-city-football-club-inc-et-al-boiler-rooms-2017) by email

In 2017, the SEC announced consent final judgments in the Southern District of Florida against Oxford City Football Club, Inc., CEO Thomas A. Guerriero and relief defendant GCE Wealth, Inc. over a boiler room stock offering that raised more than $6.5 million. Oxford City was ordered to pay $6.6 million disgorgement plus $253,358 interest; Mr Guerriero was sentenced to 12.5 years in a parallel criminal case.

The record

What was ordered

Civil penalty

—

Disgorgement

$6.6m

Prejudgment interest

$253k

Total relief

$6.9m

Alleged gain

—

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Securities and Exchange Commission announced this matter on February 8, 2017 as litigation release 23745. Consent judgments entered January 26, 2017 follow the December 2015 complaint (see the 2015 Oxford City record). Oxford City is ordered to pay $6,600,000 in disgorgement and $253,358 in interest. Mr Guerriero and GCE Wealth are each ordered to pay $2,240,173 in disgorgement and $100,648 in interest, deemed satisfied by his criminal restitution order; he also receives penny stock and officer-and-director bars. In the criminal case he pleaded guilty to conspiracy to commit wire and mail fraud and was sentenced to 12.5 years with $6.6 million restitution. The record's disgorgement field previously showed only the $2,240,173 figure, omitting the company's own $6.6 million.

This library tags the matter as boiler rooms, based on the conduct the document describes. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Boiler rooms — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2017-02-08 Litigation release published

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• SEC litigation release

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Same matter

The library links these 3 records because they appear to concern one matter: the same lead defendant, an overlapping technique tag and close filing dates, or a shared court docket or a release that cites the other. Records are listed by date filed.

This grouping is the library's, made by matching names, techniques, dates and citations when the site is built. It is not the regulator's or a court's determination that the records are one case, and it errs towards missing a link rather than making a false one.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 10, 2026. submit a correction.