Atty Tied To $1B Mutual Benefits Scam Settles SEC Suit
By Amanda Bransford ( May 3, 2012, 1:29 PM EDT) -- 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....
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