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She Beverage CEO Indicted In $13.5M Securities Fraud Case

By Katherine Smith (February 6, 2024, 7:49 PM EST) -- The head of a female-focused beverage company was arrested Monday to face an indictment alleging she defrauded 1,000 investors out of more than $13.5 million through multiple false representations, including that her bottled water formula could cure cancer, according to the U.S. Attorney's Office for the Central District of California....

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