May 03, 2012
The U.S. Securities and Exchange Commission on Wednesday settled a suit in Florida against an imprisoned Mutual Benefits Corp. attorney over his part in an offering fraud that scammed investors out of more than $1 billion by misrepresenting securities backed by life insurance policies.
May 01, 2012
The U.S. Securities and Exchange Commission on Tuesday sued an imprisoned Mutual Benefits Corp. attorney for his involvement in an offering fraud that bilked more than $1 billion from investors worldwide who bought life insurance policies from the terminally ill and seniors.