EXCERPT OF FAKE FIRST QUARTER 2010 BROKERAGE STATEMENT PROVIDED TO INVESTORS BY HAMDAN Cash Activity Summary Current YTD Opening Balance $2,327,970.76 $2327970,.76 Securities Purchased (349,658,662.81

Hamdan fabricated first-quarter 2010 brokerage statements to falsely inflate account values and performance, deceiving investors into investing over $2 million, and settled with the SEC through a permanent injunction, disgorgement of ill-gotten gains, and civil penalties.

Hamdan was charged by the SEC with securities fraud, wire fraud, and making false statements for creating fake brokerage statements that misrepresented his account’s performance in the first quarter of 2010. The fraudulent documents showed non-existent gains and transactions, while the real statements revealed minimal activity and significant losses, demonstrating intentional deception. The SEC alleged Hamdan used these falsified statements to solicit over $2 million in investments, and he ultimately settled by agreeing to disgorgement, a civil penalty, and a permanent injunction against future securities violations.

Hamdan fabricated first-quarter 2010 brokerage statements to deceive investors by falsely inflating the value and performance of his account, presenting non-existent gains and transactions that did not occur. These fake documents starkly contrasted with the actual brokerage statements, which showed minimal trading activity and substantial losses, proving the misrepresentation was deliberate. He used these falsified statements to solicit over $2 million in investments from unsuspecting clients, who were misled into believing their assets were growing. The SEC charged him with securities fraud, wire fraud, and making false statements to investors, citing the scale and intent of the deception. Although Summary B did not specify the exact amount, Summary A and the OCR excerpt confirm the $2 million figure as the total solicited through fraud. Hamdan ultimately settled the case without admitting or denying guilt, agreeing to a permanent injunction barring him from future securities violations, disgorgement of all ill-gotten gains, and payment of a civil penalty. The settlement resolved the SEC’s allegations and prevented further investor harm through legal restrictions on Hamdan’s financial activities.