SEC Gets Amended $32M Win In Real Estate Fraud Suit
By Katryna Perera ( December 11, 2025, 7:56 PM EST) -- A Florida federal judge on Dec. 11 granted the U.S. Securities and Exchange Commission's bid for an amended $32 million default judgment against three companies owned by two French half-brothers accused of misappropriating $40 million from investors in a real estate investment fraud scheme, and entered a final judgment against one of the brothers....
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