UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 99650 / February 29, 2024

ADMINISTRATIVE PROCEEDING

File No. 3-21879

 

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: 

: 

In the Matter of : ORDER INSTITUTING PUBLIC 

ADMINISTRATIVE

 : PROCEEDINGS PURSUANT TO RULE

 Edith Pardo Mehler, Esq., : 102(e) OF THE COMMISSION’S RULES OF

 : PRACTICE, MAKING FINDINGS, AND

 Respondent. : IMPOSING REMEDIAL SANCTIONS

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I.

The Securities and Exchange Commission (“Commission”) deems it appropriate 

and in the public interest that public administrative proceedings be, and hereby are, 

instituted against Edith Pardo Mehler (“Respondent” or “Pardo”) pursuant to Rule 

102(e)(3)(i) of the Commission’s Rules of Practice.1

 

II.

In anticipation of the institution of these proceedings, Respondent has submitted an 

Offer of Settlement (the “Offer”) which the Commission has determined to accept. Solely 

1 Rule 102(e)(3)(i) provides, in relevant part, that:

The Commission, with due regard to the public interest and without preliminary hearing, may, by 

order, . . . suspend from appearing or practicing before it any attorney . . . who has been by name (A)

[p]ermanently enjoined by any court of competent jurisdiction, by reason of his or her misconduct in an 

action brought by the Commission, from violating or aiding and abetting the violation of any provision of 

the Federal securities laws or of the rules and regulations thereunder; or (B) [f]ound by any court of 

competent jurisdiction in an action brought by the Commission to which he or she is a party ... to have 

violated (unless the violation was found not to have been willful) or aided and abetted the violation of any 

provision of the Federal securities laws or of the rules and regulations thereunder. 
2

for the purpose of these proceedings and any other proceedings brought by or on behalf of 

the Commission, or to which the Commission is a party, Respondent admits the 

Commission’s jurisdiction over her and the subject matter of these proceedings, and the 

findings contained in paragraphs III. 2 and III. 4 below, and consents to the entry of this 

Order Instituting Administrative Proceedings Pursuant to Rule 102(e) of the Commission’s 

Rules of Practice, Making Findings, and Imposing Remedial Sanctions (“Order”), as set 

forth below. 

III.

On the basis of this Order and Respondent’s Offer, the Commission finds that: 

1. Pardo, age 72, is an Israeli citizen and resides in New York, New York. 

Pardo is a member of the New York State Bar. Pardo has never held any securities licenses 

and is not registered with the Commission in any capacity. Between August 2017 and 2018, 

Pardo held herself out as an attorney to potential investors in a digital asset security offering 

and established an attorney trust account in which the proceeds of the digital asset security 

offering were deposited. 

2. On January 17, 2020, the Commission filed a complaint against Pardo in 

SEC v. Manor et al. (2: 20-cv-597) (SRC-CLW), in the United States District Court for the 

District of New Jersey. On June 16, 2023, the court entered an order permanently enjoining 

Pardo, by consent, from future violations of Sections 5(a), 5(c), and 17(a) of the Securities 

Act of 1933, and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 

thereunder. 

3. The Commission’s complaint alleged, among other things, that Pardo, with 

others, conducted a fraudulent and unregistered offering of digital asset securities between 

approximately August 2017 and September 2018. As alleged, Pardo, with recidivist Boaz 

Manor and others, raised approximately $30 million by engaging in a fraudulent scheme and 

lying to investors about such material matters as Manor’s identity, his criminal background, 

and Manor’s and Pardo’s respective roles in several businesses. 

4. On March 29, 2023, Pardo pled guilty to conspiracy to commit wire fraud 

(18 U.S.C. §§ 1343, 1349); wire fraud (18 U.S.C. § 1343), and securities fraud (15 U.S.C.

§§ 78(j)(b) and 78(ff); 17 C.F.R § 140.10b-5, 18 U.S.C. § 2) before the United States 

District Court for the District of New Jersey, in United States v. Pardo (2:20-cr-00051 

(SRC-2)). 

5. The Indictment, unsealed on January 17, 2020, charged Pardo with 

conspiring with Manor to enrich themselves by making material misrepresentations and 

omissions concerning their personal and professional backgrounds, their roles in several 

businesses and the relationship among those businesses, and the use and functionality of the 

products these businesses were purportedly developing.
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IV.

In view of the foregoing, the Commission deems it appropriate and in the public 

interest to impose the sanction agreed to in Respondent Pardo’s Offer.

Accordingly, it is hereby ORDERED pursuant to Rule 102(e)(3)(i) of the 

Commission’s Rules of Practice, effective immediately, that Pardo is suspended from 

appearing or practicing before the Commission as an attorney.

By the Commission.

Vanessa A. Countryman

Secretary