SEC v. Tiffany Kelly; and Curastory Inc., No. LR-26441, Eastern District of New York (Dec. 15, 2025) — Press Release
raw: Tiffany Kelly and Curastory Inc.
Tiffany Kelly and Curastory Inc., No. LR-26441 (E.D.N.Y. Dec. 15, 2025)
summary
Curastory Inc. and CEO Tiffany Kelly settled SEC charges for an offering fraud that raised $2.8 million by misrepresenting revenue and forging investor signatures.
paragraph
Curastory Inc. and CEO Tiffany Kelly faced SEC charges for violating antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The defendants allegedly misled over 1,000 investors to raise approximately $2.8 million between December 2020 and February 2024. To settle the matter, Kelly agreed to a $125,000 civil penalty and a ten-year bar from serving as a public company officer or director.
narrative
The SEC filed a settled action against Brooklyn-based Curastory Inc. and its CEO, Tiffany Kelly, for an offering fraud that raised approximately $2.8 million from over 1,000 investors. Between December 2020 and February 2024, the pair allegedly misled investors regarding revenue and projected financial performance, claiming millions in earnings that did not exist. Kelly also falsely claimed secured million-dollar investments and even forged a prospective investor's signature to bolster the company's perceived success. The defendants face charges for violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934. Under the settlement, Kelly will pay a $125,000 civil penalty and is subject to a ten-year bar from serving as a public company officer or director. Additionally, she must adhere to a ten-year conduct-based injunction regarding securities participation. The settlement was reached without the defendants admitting or denying the SEC's allegations.
Classified pre-ipo-fraud(confidence 90%). EDGAR detection: forms S-1/Form D/1-A· recall 72% / precision 8%. detection rule →
Parties
Securities and Exchange CommissionTiffany KellyCurastory Inc.
Keywords
kellycurastorytiffany kellykelly curastorysecurities exchangesectiffanyincsecuritiesexchangeinvestorsdecember securitiesexchange commissionsettled actioncurastory kelly
Exhibits & Attached Documents (1)
Extracted insights
Dollar amounts 2
- $2.80M $2.8 million $1M–$10M
- $125K $125,000 $100K–$1M
Entities 2
- company a ten-year bar from serving as an officer or director of a public company
- agency Securities and Exchange Commission
Triples 9
- Securities And Exchange Commission filed a settled action as to Curastory Inc. and its founder and CEO, Tiffany Kelly, alleging offering fraud
- Curastory Inc. and Tiffany Kelly raised approximately $2.8 million from over 1,000 investors nationwide
- Curastory and Kelly misled investors about Curastory’s revenue and projected financial performance from at least December 2020 through February 2024
- Kelly falsely told investors that Curastory had secured or lined up million-dollar investments when it had not
- Kelly forged the signature of a prospective investor as part of a fraudulent scheme
- Securities And Exchange Commission charges Kelly and Curastory with violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5
- Kelly agreed to pay a civil penalty of $125,000
- Kelly consented to a ten-year conduct-based injunction prohibiting participation in issuance, purchase, offer, or sale of any security except personal accounts
- Kelly consented to a ten-year bar from serving as an officer or director of a public company
PDF (from attached: complaint)
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Extracted body text (2,438c)
U.S. SECURITIES AND EXCHANGE COMMISSIONLitigation Release No. 26441 / December 15, 2025Securities and Exchange Commission v. Tiffany Kelly and Curastory Inc., No. 25-civ-6876 (E.D.N.Y. filed Dec. 15, 2025)SEC Files Settled Action as to Curastory Inc. and CEO Tiffany Kelly for Alleged Offering FraudOn December 15, 2025, the Securities and Exchange Commission filed a settled action as to Brooklyn-based Curastory Inc. and its founder and CEO, Tiffany Kelly, alleging that they engaged in an offering fraud in which they raised approximately $2.8 million from over 1,000 investors nationwide. Curastory and Kelly consented to the entry of a judgment without admitting or denying the SEC’s allegations.According to the SEC’s complaint, from at least December 2020 through February 2024, Curastory and Kelly repeatedly misled investors about Curastory’s revenue and projected financial performance, often telling investors that the company had earned hundreds of thousands, if not millions, of dollars in revenue, when it had actually generated little revenue during that period. The complaint further alleges that Kelly falsely told investors that Curastory had secured or lined up million-dollar investments, when it had not done so. Notably, the complaint also alleges that Kelly forged the signature of a prospective investor as part of a fraudulent scheme to depict Curastory as a successful and profitable company.The SEC’s complaint, filed in the U.S. District Court for the Eastern District of New York, charges Kelly and Curastory with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities and Exchange Act of 1934 and Rule 10b-5 thereunder. Without admitting or denying the allegations in the SEC’s complaint, defendants have agreed to settle the SEC’s charges, consenting to permanent injunctive relief for the charged provisions. Kelly has also agreed to pay a civil penalty of $125,000 and consented to a ten-year conduct-based injunction, prohibiting her from participating in the issuance, purchase, offer, or sale of any security, except for her own personal accounts, and a ten-year bar from serving as an officer or director of a public company. The settlement is subject to court approval.The SEC's investigation was conducted by Katherine H. Stella, under the supervision of Stacy Bogert, with the assistance of Avron Elbaum, Daniel Ball, and James Connor.
OCR text (2,438c · html-text · 99% conf)
U.S. SECURITIES AND EXCHANGE COMMISSIONLitigation Release No. 26441 / December 15, 2025Securities and Exchange Commission v. Tiffany Kelly and Curastory Inc., No. 25-civ-6876 (E.D.N.Y. filed Dec. 15, 2025)SEC Files Settled Action as to Curastory Inc. and CEO Tiffany Kelly for Alleged Offering FraudOn December 15, 2025, the Securities and Exchange Commission filed a settled action as to Brooklyn-based Curastory Inc. and its founder and CEO, Tiffany Kelly, alleging that they engaged in an offering fraud in which they raised approximately $2.8 million from over 1,000 investors nationwide. Curastory and Kelly consented to the entry of a judgment without admitting or denying the SEC’s allegations.According to the SEC’s complaint, from at least December 2020 through February 2024, Curastory and Kelly repeatedly misled investors about Curastory’s revenue and projected financial performance, often telling investors that the company had earned hundreds of thousands, if not millions, of dollars in revenue, when it had actually generated little revenue during that period. The complaint further alleges that Kelly falsely told investors that Curastory had secured or lined up million-dollar investments, when it had not done so. Notably, the complaint also alleges that Kelly forged the signature of a prospective investor as part of a fraudulent scheme to depict Curastory as a successful and profitable company.The SEC’s complaint, filed in the U.S. District Court for the Eastern District of New York, charges Kelly and Curastory with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities and Exchange Act of 1934 and Rule 10b-5 thereunder. Without admitting or denying the allegations in the SEC’s complaint, defendants have agreed to settle the SEC’s charges, consenting to permanent injunctive relief for the charged provisions. Kelly has also agreed to pay a civil penalty of $125,000 and consented to a ten-year conduct-based injunction, prohibiting her from participating in the issuance, purchase, offer, or sale of any security, except for her own personal accounts, and a ten-year bar from serving as an officer or director of a public company. The settlement is subject to court approval.The SEC's investigation was conducted by Katherine H. Stella, under the supervision of Stacy Bogert, with the assistance of Avron Elbaum, Daniel Ball, and James Connor.