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Event Promoter Sued, Indicted Over $5M Investment Scam

By Lana Birbrair ( November 14, 2011, 8:25 PM EST) -- Event promoter and ex-University of Pennsylvania basketball player Tyrone L. Gilliams Jr. was slammed with an indictment and a U.S. Securities and Exchange Commission suit Monday in New York federal court alleging he misappropriated about $5 million fraudulently collected from investors....

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