The Securities and Exchange Commission (SEC) has filed a lawsuit against 5 Fruits Enterprises LLC, Calvin Guess, and Marcus Ligon.
The SEC’s complaint, seen by FX News Group, was submitted at the Nevada District Court on September 4, 2025.
Calvin Guess is the founder and managing member of 5 Fruits Enterprises LLC. He has never been associated with any entity registered with the Commission.
Marcus Ligon held the title of co-manager of 5 Fruits Enterprises LLC and functioned as Guess’ administrative assistant. He has never been associated with any entity registered with the Commission.
5 Fruits Enterprises LLC is a limited liability company that was formed in Nevada in October 2021. 5 Fruits was an investing entity that pooled funds to engage in automated options trading. It is no longer operational. It has never been registered with the Commission in any capacity.
The SEC’s complaint alleges that, from 2021 to 2023, in communications with investors, Guess and Ligon touted their company’s use of automated “bots” in trading securities, promised incredible returns, and guaranteed that investments would be used for options trading.
None of this was true.
Instead, the defendants did not have bots or any other automated trading technology, failed to generate either the promised returns or give back original investments, and spent the vast majority of investor money on personal expenses and Ponzi-like payments.
Through their false and misleading claims and scheme to defraud investors, the defendants raised approximately $4.7 million from investors across the country.
The SEC accuses the defendants of violations of Sections 5(a), 5(c) and 17(a) of the Securities Act, 15 U.S.C. §§ 77e(a), 77e(c), and 77q(a), and Section 10(b) of the Exchange Act, 15 U.S.C. § 78j(b) and Rule 10b-5 thereunder, 17 C.F.R. § 240.10b-5.
Accordingly, the SEC seeks an order against the defendants permanently enjoining them from future violations of these provisions, permanently enjoining them from engaging in certain conduct, and requiring them to pay disgorgement plus prejudgment interest on any ill-gotten gains, and to pay civil monetary penalties.
