SEC v. Imer Gomez; K&G Investment Solutions, LLC; and Helios Venture Fund, LLC, No. LR-26349, Western District of Texas (July 14, 2025) — Press Release

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26349 / July 14, 2025 Securities and Exchange Commission v. Imer Gomez, individually and d/b/a K&G Investment Solutions, LLC, Helios Venture Fund, LLC, and Relief Defendants Eric Claxton and Heather Claxton, No. 5:25-cv-00805 (W.D. Tex. filed July 14, 2025) SEC Charges San Antonio Investment Adviser with Fraud Scheme On July 14, 2025, the Securities and Exchange Commission charged Imer Gomez of San Antonio, Texas, individually and d/b/a K&G Investment Solutions, LLC, and his entity, Helios Venture Fund, LLC, with defrauding clients out of approximately $9 million. The SEC’s complaint alleges that, from approximately August 2021 through September 2023, the defendants obtained approximately $9 million from clients by claiming that Gomez was an experienced trader who could provide monthly double-digit returns by actively trading securities on their behalf. Further, the SEC’s complaint alleges that Gomez and Helios claimed that each client account was insured for up to 75% of the client’s account value. However, the SEC’s complaint alleges that the defendants never used client funds to trade securities, never created or supervised any client accounts, and never obtained insurance for client funds or accounts. Further, the SEC’s complaint alleges that, to conceal the fraud, Gomez sent clients fake account statements showing fictitious gains on the clients’ purported advisory accounts. Instead, the SEC’s complaint alleges that Gomez and Helios misappropriated client funds to sustain Gomez’s lavish lifestyle, make Ponzi payments, and fund unrelated business ventures. The SEC’s complaint, filed in the U.S. District Court for the Western District of Texas, charges the defendants with violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. The SEC’s complaint seeks permanent injunctive relief, including conduct-based injunctions against Gomez, disgorgement with prejudgment interest on a joint-and-several basis by and between Gomez and Helios, a civil penalty against Gomez. The SEC also names Eric and Heather Claxton as relief defendants, and seeks disgorgement of client funds that they received from Gomez. The investigation was conducted by Kendrack Lewis and Carol Hahn of the SEC’s Fort Worth Regional Office and was supervised by Derek Kleinmann and B. David Fraser. The litigation will be led by Tyson Lies and supervised by Keefe M. Bernstein.

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26349 / July 14, 2025 Securities and Exchange Commission v. Imer Gomez, individually and d/b/a K&G Investment Solutions, LLC, Helios Venture Fund, LLC, and Relief Defendants Eric Claxton and Heather Claxton, No. 5:25-cv-00805 (W.D. Tex. filed July 14, 2025) SEC Charges San Antonio Investment Adviser with Fraud Scheme On July 14, 2025, the Securities and Exchange Commission charged Imer Gomez of San Antonio, Texas, individually and d/b/a K&G Investment Solutions, LLC, and his entity, Helios Venture Fund, LLC, with defrauding clients out of approximately $9 million. The SEC’s complaint alleges that, from approximately August 2021 through September 2023, the defendants obtained approximately $9 million from clients by claiming that Gomez was an experienced trader who could provide monthly double-digit returns by actively trading securities on their behalf. Further, the SEC’s complaint alleges that Gomez and Helios claimed that each client account was insured for up to 75% of the client’s account value. However, the SEC’s complaint alleges that the defendants never used client funds to trade securities, never created or supervised any client accounts, and never obtained insurance for client funds or accounts. Further, the SEC’s complaint alleges that, to conceal the fraud, Gomez sent clients fake account statements showing fictitious gains on the clients’ purported advisory accounts. Instead, the SEC’s complaint alleges that Gomez and Helios misappropriated client funds to sustain Gomez’s lavish lifestyle, make Ponzi payments, and fund unrelated business ventures. The SEC’s complaint, filed in the U.S. District Court for the Western District of Texas, charges the defendants with violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. The SEC’s complaint seeks permanent injunctive relief, including conduct-based injunctions against Gomez, disgorgement with prejudgment interest on a joint-and-several basis by and between Gomez and Helios, a civil penalty against Gomez. The SEC also names Eric and Heather Claxton as relief defendants, and seeks disgorgement of client funds that they received from Gomez. The investigation was conducted by Kendrack Lewis and Carol Hahn of the SEC’s Fort Worth Regional Office and was supervised by Derek Kleinmann and B. David Fraser. The litigation will be led by Tyson Lies and supervised by Keefe M. Bernstein.