SEC v. World Capital Market Inc.; WCM777 Inc.; WCM777 Ltd. d/b/a WCM777 Enterprises, Inc.; and Ming XU a/k/a Phil Ming XU

Case Summary:

On March 27, 2014, Krista Freitag was appointed temporary receiver, and on April 10, 2014 Ms. Freitag was appointed permanent receiver for WORLD CAPITAL MARKET INC., WCM777 INC., WCM777 LTD. d/b/a WCM777 ENTERPRISES, INC., Defendants., and KINGDOM CAPITAL MARKET, LLC; MANNA HOLDING GROUP, LLC; MANNA SOURCE INTERNATIONAL. INC.; WCM RESOURCES, INC.;, Relief Defendants, their subsidiaries and affiliates, pursuant to an Order entered by the United States District Court for the Central District of California in an action against Defendants and Relief Defendants filed by the Securities and Exchange Commission.

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