Taboada hasn’t been accused of wrongdoing in connection with the Facebook fund. Nancy Condon, a Finra spokeswoman, said the regulator wouldn’t talk about open investigations. Taboada and his lawyer didn’t respond to questions about the matter.
Taboada said in an interview that he doesn’t make cold calls and that people may be making up things about him. He said his office at Charles Morgan had only a few Spongetech sponges.
“Your facts are totally skewered,” he said.
Neither the Finra investigation nor a 2012 arrest for patronizing a prostitute have slowed him down. He pleaded guilty and paid a $250 fine, court records show.
This month Taboada said in a regulatory filing that he has raised $9.5 million for Mogo Industries LLC, a fund he created to invest in Palantir Technologies Inc. A lawyer for Palantir, a Silicon Valley data-analysis firm co-founded by venture capitalist Peter Thiel, didn’t return phone calls.