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SEC Sues Repeat Offender Over 'Streamlined' IPO Fraud

By Hayley Fowler ( July 6, 2018, 4:59 PM EDT) -- The U.S. Securities and Exchange Commission accused a recidivist securities fraudster, his company and three individuals on Friday in Maryland federal court of swindling investors out of more than $5 million by claiming to have perfected a "streamlined" approach for bringing companies public, in a scheme that eventually collapsed....

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