SEC Pledges To Stop College Frat House Ponzi Scheme

By Reenat Sinay ( June 3, 2019, 8:46 PM EDT) -- A recent college graduate bilked other students and young investors out of more than $269,000 through a Ponzi scheme he ran from his fraternity house, the U.S. Securities and Exchange Commission says in a complaint filed Friday in Georgia federal court, urging the court to freeze the man's assets....

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