May 17, 2018 BY Valentina Kirilova

SEC charges owner of investment firm in Belize Airport financing scam

The Securities and Exchange Commission (SEC) announced that it has charged the owner of a Manhattan-based alternative investment firm with misappropriating close to $6 million in investor funds earmarked to finance the construction of an international airport in Belize. The SEC’s complaint alleges that between 2014 and 2017, Brent Borland sold more than $21 million…

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