Lancaster Beverage Company Ordered to Pay $12.7 Million for Alleged Investor Fraud

A Lancaster-based beverage company that catered to women has been instructed by the U.S. Securities and Exchange Commission (SEC) to pay approximately $12.7 million to the federal government. The company, SHE Beverage Co., allegedly deceived thousands of investors in order to fund the extravagant lifestyles of its top executives. The SEC also disclosed that final judgments were obtained against three individuals involved in the fraud: CEO Lupe Rose, Vice President Sonja F. Shelby, and COO Katherine E. Dirden. The alleged fraudulent activities took place between 2017 and 2019.