SEC Charges Trio With $52.7M Ponzi Scheme

By Morgan Bettex ( September 15, 2008, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission has charged an attorney and two other promoters with securities fraud for allegedly conducting a $52.7 million Ponzi scheme in which the group sold bogus public equity investments and swindled investors out of more than $20 million....

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