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SEC Settles Ponzi Scheme Suit Against Ex-NFLer, Biz Partner

By Christine Powell (November 17, 2017, 6:34 PM EST) -- A Massachusetts federal judge greenlit a deal Friday resolving the U.S. Securities and Exchange Commission's allegations that a former NFL player, his business partner and three companies they founded together ran a $31.7 million Ponzi scheme that involved convincing investors they were helping provide short-term loans to professional athletes....

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