FRAUDSTER CLAIMS $5 MILLION IN ASSETS, BUT NOBODY KNOWS WHO THEY ARE!

SEC v. Invesco Alpha Inc. — U.S. Securities and Exchange Commission Litigation Release No. 26636, dated September 11, 2026.

The SEC charged Invesco Alpha Inc. with making material misrepresentations and unsubstantiated statements in its Form ADV filing. The company falsely claimed to be an Exempt Reporting Adviser, operate from a Denver office, manage $5 million in assets, and advise a private fund. A default judgment was entered against Invesco Alpha, permanently enjoining it from future violations and ordering it to pay a $1,182,254 civil penalty.

In Plain English

Imagine you're filling out a form to tell people about your small business. Invesco Alpha Inc. filled out a form like this, but they lied about important things. They said they were a certain type of investment company, had an office in Denver, and managed a lot of money. The SEC found out these claims were false. Because they lied, a judge ordered them to pay a large fine and banned them from doing it again.

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. Filing a False Form ADV In June 2024, Invesco Alpha Inc. filed a Form ADV with the SEC, falsely claiming to be an Exempt Reporting Adviser. This is a category for private fund advisers not required to register with the SEC.
2. Misrepresenting Business Operations The company falsely stated in its Form ADV that it operated from office space in the Denver area. However, the actual occupant of that office space had no knowledge of Invesco Alpha Inc. or its purported CEO.
3. Fabricating Assets Under Management Invesco Alpha Inc. claimed to manage $5 million in assets in the United States. This claim was unsubstantiated and part of the misrepresentations made in the filing.
4. Inventing a Private Fund The filing also falsely represented that Invesco Alpha Inc. advised a private fund. Furthermore, it claimed a separate registered investment adviser (RIA) was reporting information about this purported fund on its own Form ADV.
5. Concealing Lack of Activity The SEC found no record of the purported private fund being reported on any other SEC filings, and a search of the SEC's public company database yielded no information on Invesco Alpha Inc., indicating the company likely did not exist or operate as claimed.
6. Ignoring SEC Record Request When the SEC requested records to substantiate the information provided on its Form ADV, Invesco Alpha Inc. failed to respond, further demonstrating its lack of legitimate operations and disregard for regulatory oversight.

The Enforcement Action

On September 9, 2026, the U.S. District Court for the District of Colorado entered a final judgment by default against Invesco Alpha Inc. The judgment permanently enjoins Invesco Alpha from future violations of Sections 204(a) and 207 of the Investment Advisers Act of 1940. It also permanently enjoins Invesco Alpha, its owners, and its executive officers from filing a Form ADV as an Exempt Reporting Adviser. In addition, the judgment orders Invesco Alpha to pay a civil penalty of $1,182,254.

Named in this action: Invesco Alpha Inc..

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