U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20521 / April 7, 2008

Securities and Exchange Commission v. Ameer Khan, Case No. 08-60221-CIV-Graham (S. D. Fla.) (February 15, 2008.)

Securities and Exchange Commission v. Raquel Kohler, Case No.-08-60219-CIV-Dimitrouleas (S. D. Fla.) (February 15, 2008.)

Securities and Exchange Commission v. Stephen Ziegler, Case No. 08-60220-CIV-Seitz (S. D. Fla.) (February 15, 2008.)

The Securities and Exchange Commission announced that on February 19, 2008, March 12, 2008 and April 3, 2008, the United States District Court for the Southern District of Florida entered Final Judgments against Defendants Raquel Kohler, Ameer Khan, and Stephen Ziegler, respectively. The Final Judgments, entered by consent, enjoin the defendants from violations of Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. Additionally, the Final Judgment against Khan enjoins him from violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933.

The Commission commenced these actions by filing its complaints on February 15, 2008, against Khan, Kohler and Ziegler. The Complaints allege the defendants violated the federal securities laws arising from their involvement in Mutual Benefits Corporation's offering fraud which raised more than $1 billion from approximately 30,000 investors.

The Commission appreciates the efforts of the United States Attorney's Office for the Southern District of Florida in this matter.

For additional information, see Litigation Release No. 18698 (May 6, 2004), Litigation Release No. 19274 (June 20, 2005), Litigation Release No. 19480 (December 1, 2005), Litigation Release No. 19978 (January 24, 2007), Litigation Release No. 20151 (June 13, 2007), and Litigation Release No. 20459 (February 15, 2008).