Friday, July 29, 2016

SEC freezes assets of Utah-based Ponzi scheme operator

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had frozen the assets of the operator of a Utah-based Ponzi scheme that raised more than $207 million from investors worldwide, mainly in the United States, India and Russia.


from Reuters: U.S. http://ift.tt/2ahSe0S

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