SEC v. Eliseo Jojo Prisno; and Capital Investment Management Partners, No. 1:25-cv-7491, Northern District of Illinois (Mar. 31, 2026) — Judgment

IN THE UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

 :
UNITED STATES SECURITIES AND  :
EXCHANGE COMMISSION, :
 :

Plaintiff, :
 :

v. : Civil Action No. 1:25-cv-7491
 :
ELISEO JOJO PRISNO and P/E :    Hon. Jorge L. Alonso
CAPITAL INVESTMENT :
MANAGEMENT PARTNERS, :
 :

Defendants. :
 :

JUDGMENT AS TO DEFENDANT ELISEO JOJO PRISNO

The Securities and Exchange Commission having filed a Complaint and Defendant

Eliseo Jojo Prisno having entered a general appearance; consented to the Court’s jurisdiction

over Defendant and the subject matter of this action; consented to entry of this Judgment without

admitting or denying the allegations of the Complaint (except as to jurisdiction and except as

otherwise provided herein in paragraph IV); waived findings of fact and conclusions of law; and

waived any right to appeal from this Judgment:

I.

 IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is

permanently restrained and enjoined from violating, directly or indirectly, Section 206(1) and

Section 206(2) of the Investment Advisers Act of 1940 (the “Advisers Act”) [15 U.S.C § 80b-

6(1)-(2)], by use of the mails or any means or instrumentality of interstate commerce, directly or

indirectly:

2

(1)  to employ any device, scheme, or artifice to defraud any client or

prospective client; and

(2)  to engage in any transaction, practice, or course of business which

operates as a fraud or deceit upon any client or prospective client

by: (i) approving actions on clients’ behalf without their authorization, including by

accessing client brokerage or advisory accounts using client credentials, or otherwise

impersonating clients to financial institutions; or by (ii) charging, invoicing, or collecting

from any advisory client any fee not fully disclosed in advance and expressly authorized

in writing by the client.

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who

receive actual notice of this Judgment by personal service or otherwise: (a) Defendant’s officers,

agents, servants, employees, and attorneys; and (b) other persons in active concert or

participation with Defendant or with anyone described in (a).

II.

  Defendant shall be restrained and enjoined from, directly or indirectly, acting as or being

associated with any broker, dealer, or investment adviser, either permanently or for a specified

duration, to be determined by the Court upon motion of the Commission. For purposes of this

paragraph: (a) a person is associated with a broker or dealer if such person is a partner, officer,

director, or branch manager of such broker or dealer (or occupies a similar status or performs

similar functions), directly or indirectly controls, is controlled by, or is under common control

with such broker or dealer, or is an employee of such broker or dealer; and (b) a person is

associated with an investment adviser if such person is a partner, officer, or director of such

3

investment adviser (or performs similar functions), or directly or indirectly controls or is

controlled by such investment adviser, including any employee of such investment adviser.

III.

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant

shall pay disgorgement of ill-gotten gains, prejudgment interest thereon, and a civil penalty

pursuant to Section 21(d)(3) and (d)(7) of the Securities Exchange Act of 1934 [15 U.S.C.

§ 78u(d)(3), (7)] and Section 209(e) of the Advisers Act [15 U.S. Code § 80b-9(e)]. The Court

shall determine the amounts of the disgorgement and civil penalty upon motion of the

Commission. Prejudgment interest shall be calculated based on the amount of fees charged to

clients each quarter (excluding the standard advisory fee) from the last day of such quarter,

dating back to February 1, 2019, based on the rate of interest used by the Internal Revenue

Service for the underpayment of federal income tax as set forth in 26 U.S.C. § 6621(a)(2).

In connection with the Commission’s motion for disgorgement, prejudgment interest,

civil penalties, and a determination of whether the injunction set forth in Section II above shall

be permanent or for a specified duration, and at any hearing held on such a motion: (a)

Defendant will be precluded from arguing that he did not violate the federal securities laws as

alleged in the Complaint; (b) Defendant may not challenge the validity of the Consent or this

Judgment; (c) solely for the purposes of such motion, the allegations of the Complaint shall be

accepted as and deemed true by the Court; and (d) the Court may determine the issues raised in

the motion on the basis of affidavits, declarations, excerpts of sworn deposition or investigative

testimony, and documentary evidence, without regard to the standards for summary judgment

contained in Rule 56(c) of the Federal Rules of Civil Procedure. In connection with the

Commission’s motion for disgorgement, prejudgment interest, civil penalties, a injunction, the

4

parties may take discovery, including discovery from appropriate non-parties.

IV.

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is

incorporated herein with the same force and effect as if fully set forth herein, and that Defendant

shall comply with all of the undertakings and agreements set forth therein.

V.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, solely for purposes of

exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. § 523, the

allegations in the complaint are true and admitted by Defendant, and further, any debt for

disgorgement, prejudgment interest, civil penalty or other amounts due by Defendant under this

Judgment or any other judgment, order, consent order, decree or settlement agreement entered in

connection with this proceeding, is a debt for the violation by Defendant of the federal securities

laws or any regulation or order issued under such laws, as set forth in Section 523(a)(19) of the

Bankruptcy Code, 11 U.S.C. §523(a)(19).

VI.

 There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of Civil

Procedure, the clerk is ordered to enter this judgment forthwith and without further notice.

Dated: March 10, 2026

____________________________________
Jorge L. Alonso
UNITED STATES DISTRICT JUDGE

IN THE UNITED STATES DISTRICT COURT 
FOR THE NORTHERN DISTRICT OF ILLINOIS 

EASTERN DIVISION 
                                         
 : 
UNITED STATES SECURITIES AND  : 
EXCHANGE COMMISSION, :   
 : 

Plaintiff, :        
 : 

v. : Civil Action No. 1:25-cv-7491 
 :  
ELISEO JOJO PRISNO and P/E :    Hon. Jorge L. Alonso 
CAPITAL INVESTMENT :   
MANAGEMENT PARTNERS, : 
 :  

Defendants. :   
 :  
 

JUDGMENT AS TO DEFENDANT ELISEO JOJO PRISNO 

 
The Securities and Exchange Commission having filed a Complaint and Defendant 

Eliseo Jojo Prisno having entered a general appearance; consented to the Court’s jurisdiction 

over Defendant and the subject matter of this action; consented to entry of this Judgment without 

admitting or denying the allegations of the Complaint (except as to jurisdiction and except as 

otherwise provided herein in paragraph IV); waived findings of fact and conclusions of law; and 

waived any right to appeal from this Judgment: 

I. 

 IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently restrained and enjoined from violating, directly or indirectly, Section 206(1) and 

Section 206(2) of the Investment Advisers Act of 1940 (the “Advisers Act”) [15 U.S.C § 80b-

6(1)-(2)], by use of the mails or any means or instrumentality of interstate commerce, directly or 

indirectly:  

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2 
 

(1)  to employ any device, scheme, or artifice to defraud any client or 

prospective client; and  

(2)  to engage in any transaction, practice, or course of business which 

operates as a fraud or deceit upon any client or prospective client 

by: (i) approving actions on clients’ behalf without their authorization, including by 

accessing client brokerage or advisory accounts using client credentials, or otherwise 

impersonating clients to financial institutions; or by (ii) charging, invoicing, or collecting 

from any advisory client any fee not fully disclosed in advance and expressly authorized 

in writing by the client. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

receive actual notice of this Judgment by personal service or otherwise: (a) Defendant’s officers, 

agents, servants, employees, and attorneys; and (b) other persons in active concert or 

participation with Defendant or with anyone described in (a). 

II. 
 
  Defendant shall be restrained and enjoined from, directly or indirectly, acting as or being 

associated with any broker, dealer, or investment adviser, either permanently or for a specified 

duration, to be determined by the Court upon motion of the Commission. For purposes of this 

paragraph: (a) a person is associated with a broker or dealer if such person is a partner, officer, 

director, or branch manager of such broker or dealer (or occupies a similar status or performs 

similar functions), directly or indirectly controls, is controlled by, or is under common control 

with such broker or dealer, or is an employee of such broker or dealer; and (b) a person is 

associated with an investment adviser if such person is a partner, officer, or director of such 

Case: 1:25-cv-07491 Document #: 40 Filed: 03/10/26 Page 2 of 4 PageID #:112



3 
 

investment adviser (or performs similar functions), or directly or indirectly controls or is 

controlled by such investment adviser, including any employee of such investment adviser. 

III. 
 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant 

shall pay disgorgement of ill-gotten gains, prejudgment interest thereon, and a civil penalty 

pursuant to Section 21(d)(3) and (d)(7) of the Securities Exchange Act of 1934 [15 U.S.C. 

§ 78u(d)(3), (7)] and Section 209(e) of the Advisers Act [15 U.S. Code § 80b-9(e)]. The Court 

shall determine the amounts of the disgorgement and civil penalty upon motion of the 

Commission. Prejudgment interest shall be calculated based on the amount of fees charged to 

clients each quarter (excluding the standard advisory fee) from the last day of such quarter, 

dating back to February 1, 2019, based on the rate of interest used by the Internal Revenue 

Service for the underpayment of federal income tax as set forth in 26 U.S.C. § 6621(a)(2).  

In connection with the Commission’s motion for disgorgement, prejudgment interest, 

civil penalties, and a determination of whether the injunction set forth in Section II above shall 

be permanent or for a specified duration, and at any hearing held on such a motion: (a) 

Defendant will be precluded from arguing that he did not violate the federal securities laws as 

alleged in the Complaint; (b) Defendant may not challenge the validity of the Consent or this 

Judgment; (c) solely for the purposes of such motion, the allegations of the Complaint shall be 

accepted as and deemed true by the Court; and (d) the Court may determine the issues raised in 

the motion on the basis of affidavits, declarations, excerpts of sworn deposition or investigative 

testimony, and documentary evidence, without regard to the standards for summary judgment 

contained in Rule 56(c) of the Federal Rules of Civil Procedure. In connection with the 

Commission’s motion for disgorgement, prejudgment interest, civil penalties, a injunction, the 

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4 
 

parties may take discovery, including discovery from appropriate non-parties. 

IV.  
 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is 

incorporated herein with the same force and effect as if fully set forth herein, and that Defendant 

shall comply with all of the undertakings and agreements set forth therein. 

V.  
 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, solely for purposes of 

exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. § 523, the 

allegations in the complaint are true and admitted by Defendant, and further, any debt for 

disgorgement, prejudgment interest, civil penalty or other amounts due by Defendant under this 

Judgment or any other judgment, order, consent order, decree or settlement agreement entered in 

connection with this proceeding, is a debt for the violation by Defendant of the federal securities 

laws or any regulation or order issued under such laws, as set forth in Section 523(a)(19) of the 

Bankruptcy Code, 11 U.S.C. §523(a)(19). 

VI. 

 There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of Civil 

Procedure, the clerk is ordered to enter this judgment forthwith and without further notice. 

Dated: March 10, 2026 

____________________________________ 
Jorge L. Alonso 
UNITED STATES DISTRICT JUDGE 

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