SEC Wins $75M In Suit Over Mantria Ponzi Scheme

By Ian Thoms ( August 31, 2012, 1:52 PM EDT) -- The U.S. Securities and Exchange Commission on Thursday won about $75 million from two executives of sham investment firm Mantria Corp. who admitted to defrauding retirees and other elderly investors by selling them bogus securities purportedly tied to environmentally friendly projects....

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