SEC Says In Complaint ‘Ponzi’ Fund Bilked Investors Out Of Millions

(December 18, 2023, 2:19 PM EST) -- WEST PALM BEACH, Fla. — A company allegedly formed as a fixed income fund was actually used in an elaborate Ponzi scheme that raised more than $5.3 million from investors around the globe, the Securities and Exchange Commission says in a complaint filed in a federal court in Florida....

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