December 14, 2018 BY Valentina Kirilova

Former New York investment advisor charged with conducting a $7.9m Ponzi scheme

The Securities and Exchange Commission (SEC) has informed the public that it has charged a former New York-based investment adviser and his daughter with conducting a multi-million dollar Ponzi scheme. The individuals have defrauded local community members as well as members of their family and close friends. The official announcement by SEC reads as follows:…

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