Market Manipulation. Search

SEC v. Michael M. Beck and Helen Robinson (social media ramps, 2024)

Judgment entered

Checked against the primary document on October 3, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

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In 2024, the Securities and Exchange Commission obtained a judgment against Michael M. Beck and Helen Robinson, alleging conduct this library classifies as social media ramps. The release records a civil penalty of $230,464, disgorgement of $572,270, prejudgment interest of $112,062.

The record

Structured fields for this action, as recorded in our case library.
Agency SEC
Release number LR-26003
Date filed 2024-05-13
Date resolved 2024-05-13
Court U.S. District Court, Central District of California
Status judgment
Asset class equities
Criminal parallel No
Bars imposed penny stock bar
Defendants Michael M. Beck (individual) ; Helen Robinson (individual)
Cited as charged or alleged Exchange Act s.10(b) and Rule 10b-5 ; Securities Act s.17(a) (statutes and rules cited in the document; not a finding that they were violated)
Techniques Social media ramps

What was ordered

Civil penalty
$230k
Disgorgement
$572k
Prejudgment interest
$112k
Total relief
$915k
Alleged gain
—

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Securities and Exchange Commission announced this matter on May 13, 2024 as release LR-26003. The respondents named are Michael M. Beck and Helen Robinson (2 individuals, 0 entities). The action was brought in the U.S. District Court, Central District of California.

This library tags the matter as social media ramps, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

The conduct is recorded against equities.

The relief recorded in our data is a civil monetary penalty of $230,464, disgorgement of $572,270, prejudgment interest of $112,062. Penalty and disgorgement are distinct: disgorgement returns the gain, while the penalty is punitive. We store them separately so that aggregate figures across the library are not double-counted.

Non-monetary relief recorded: penny stock bar.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

Timeline

  1. 2024-05-13 Litigation release published

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Same matter

The library links these 2 records because they appear to concern one matter: the same lead defendant, an overlapping technique tag and close filing dates, or a shared court docket or a release that cites the other. Records are listed by date filed.

Date filed Agency Record Status
2022-02-07 SEC SEC v. Michael M. Beck, a/k/a @BigMoneyMike6, and Relief Defendant Helen P. Robinson (newsletter scalping, 2022) Judgment entered
2024-05-13 SEC SEC v. Michael M. Beck and Helen Robinson (social media ramps, 2024)(this record) Judgment entered

This grouping is the library's, made by matching names, techniques, dates and citations when the site is built. It is not the regulator's or a court's determination that the records are one case, and it errs towards missing a link rather than making a false one.

Other actions in the library sharing at least one technique tag with this one.

Action Agency Filed Technique Penalty Status
SEC v. Brett Rosen and others (social media ramps, 2026) SEC 2026-02-04 Social Media Ramps — filed
SEC v. David Banister, et al. (social media ramps, 2024) SEC 2024-12-10 Social Media Ramps — filed
SEC v. Francis Sabo (social media ramps, 2023) SEC 2023-05-26 Social Media Ramps — settled
SEC v. Edward Constantin, et al. (social media ramps, 2022) SEC 2022-12-14 Social Media Ramps — filed
SEC v. Justin Costello and David Ferraro (social media ramps, 2022) SEC 2022-10-06 Social Media Ramps — filed
SEC v. Michael M. Beck, a/k/a @BigMoneyMike6, and Relief Defendant Helen P. Robinson (newsletter scalping, 2022) SEC 2022-02-07 Newsletter Scalping , Social Media Ramps $230k judgment

Record added September 20, 2026. submit a correction.