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Pa. Insurance Agent To Pay $2M To Settle SEC's Fraud Suit

By Aebra Coe ( October 9, 2014, 4:38 PM EDT) -- A former AXA Equitable Life Insurance Co. agent has agreed to pay the U.S. Securities and Exchange Commission $2 million for allegedly stealing from customers and altering account statements to cover up the theft, according to an order signed Thursday by a Pennsylvania federal judge....

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