Fla. Man To Pay $100K To End SEC Suit Over Ponzi Scheme
By Katryna Perera ( April 12, 2022, 6:14 PM EDT) -- A Florida man has agreed to pay $100,000 to end a suit from the U.S. Securities and Exchange Commission over his alleged role in a $322 million fraud scheme in which the investment firm he worked for — 1 Global Capital LLC — sold unregistered securities to investors and used the investor funds to offer short-term financing to small and medium-sized businesses....
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