SEC Denies Accused LinkedIn Scammer Penalty Relief

By Ed Beeson ( February 23, 2015, 10:06 PM EST) -- The U.S. Securities and Exchange Commission has upheld a $150,000 sanction against an Illinois investment adviser accused of using social media websites liked LinkedIn to solicit investors in a bogus "prime bank" scheme, rejecting claims his constitutional rights were violated in the SEC's administrative law court....

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