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07-Jun-2015 19:07

Connerton spent ,000 for an engagement ring for his latest online date turned investor, according to court documents filed by the SEC.More than 50 people invested in Safety Technologies, including six other women he met through online dating and 14 others who are family or friends of those women, according to the release.The Here is the SEC on the case: The SEC alleges that Thomas J.Connerton told investors that his company Safety Technologies LLC was developing a material to make surgical gloves better resistant to cuts or punctures.The SEC got a court order to freeze assets of Connerton and Safety Technologies.

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He claimed that several major glove manufacturers wanted the technology and Safety Technologies was on the brink of imminent deals that would result in large payouts for investors in his company.But no deals have ever been anywhere close to materializing, and Connerton has emptied the company’s bank account by writing a series of checks to himself and using investor funds for his own expenses.



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