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Venture Investor Once Called 'Porn's New King' Cops To Fraud

By Pete Brush (July 21, 2016, 1:22 PM EDT) -- A man best known for a decade-old online porn payment-processing deal pled guilty Thursday to four charges in Manhattan federal court, admitting to a role in a $20 million fraud scheme in which he paid an adviser to steer investment dollars toward his family's reinsurance company in exchange for payments investors didn't know about....

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