CEO FORGED INVESTOR SIGNATURE TO FAKE MILLIONS!

SEC v. Curastory Inc., Tiffany Kelly — U.S. Securities and Exchange Commission Litigation Release No. 26441, dated December 15, 2025.

The SEC charged Curastory Inc. and its CEO, Tiffany Kelly, with raising $2.8 million from over 1,000 investors through an offering fraud. They allegedly misrepresented the company's revenue and financial performance, claiming hundreds of thousands or millions in revenue when little was generated. Kelly also allegedly forged an investor's signature to create a false impression of success.

In Plain English

Imagine a company selling lemonade. The CEO told people they were selling tons of lemonade, making lots of money. But in reality, they were barely selling any. The CEO even faked a signature on a paper to make it look like a big investor was definitely going to buy a lot of lemonade. The SEC stepped in because this was like lying to get people to buy into the lemonade stand.

Disclaimer: all facts are drawn from the SEC's own filings; the claims described are allegations unless and until a court rules or the parties settle, and some cases end in dismissal.

How the Alleged Scheme Worked

1. Inflated Revenue Claims From at least December 2020 through February 2024, Curastory and its CEO, Tiffany Kelly, allegedly told investors the company was generating substantial revenue, claiming 'hundreds of thousands, if not millions, of dollars.' In reality, the company had 'generated little revenue' during this period.
2. False Investment Promises Kelly also falsely assured investors that Curastory had secured or lined up 'million-dollar investments' from other sources. These claims were untrue, as the company did not obtain the seven-figure investments it touted.
3. Fabricated Investor Signature As part of the fraudulent scheme, Kelly allegedly forged the signature of a prospective investor on a term sheet. This act was intended to deceive investors and portray Curastory as a successful and profitable company.
4. Misleading Advertiser Claims Defendants also claimed that a growing base of advertisers used Curastory’s platform. However, the SEC alleged that Curastory did not actually have the advertisers it claimed as customers.
5. Raising Funds Under False Pretenses By making these materially false and misleading statements about financial performance and committed investments, Defendants raised approximately $2.8 million from over 1,000 investors nationwide.

The Enforcement Action

On December 15, 2025, the SEC filed a settled action against Curastory Inc. and its CEO, Tiffany Kelly, for alleged offering fraud. The defendants raised approximately $2.8 million from over 1,000 investors by making materially false and misleading statements about the company's revenue and financial performance. Curastory and Kelly consented to the entry of a judgment without admitting or denying the allegations. Kelly agreed to pay a $125,000 civil penalty and be subject to a ten-year conduct-based injunction and a ten-year officer or director bar. The settlement is subject to court approval.

Named in this action: Curastory Inc., Tiffany Kelly.

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