McGinn Smith Cos. To Pay $44M To End Obama-Era SEC Suit
By Emilie Ruscoe ( September 12, 2025, 6:49 PM EDT) -- The U.S. Securities and Exchange Commission's long-running litigation over the McGinn Smith Ponzi scheme has wrapped up after a federal judge entered a $44.2 million judgment against entities accused of running a $125 million fraud that went bust in 2010....
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