Heads Of $23M Ponzi Scheme Barred From Selling Securities

By Matthew Heller (September 11, 2013, 7:18 PM EDT) -- A California state judge Wednesday barred the head of two insurance brokerage firms and two other individuals from selling certain securities or acting as investment advisers, after state securities regulators accused the defendants of operating a $23 million Ponzi scheme by claiming to raise money for movie productions....

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