Bogus Fund Operator Fleeced Investors Out Of $4M, SEC Says

By Emilie Ruscoe ( March 16, 2023, 9:58 PM EDT) -- A Lithuanian citizen conned 64 investors into putting $4.1 million into purported mutual funds, then used much of that money to make his own investments in crypto assets, the U.S. Securities and Exchange Commission claimed Wednesday....

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