Thursday, March 6, 2014

SEC Shuts Down Pyramid Scheme Using Phony Companies l Securities Lawyer 101

Securities Lawyer 101 Blog On March 5, 2014, the Securities and Exchange Commission (the “SEC”) announced an emergency enforcement action to stop a fraudulent pyramid scheme by phony companies masquerading as a legitimate international investment firm.   The SEC has obtained a federal court order to freeze accounts holding money stolen from U.S. investors by Fleet Mutual Wealth Limited and MWF... Read More
http://www.securitieslawyer101.com/pyramid/

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