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Beverage Co.'s Rihanna Rum Claims Were Bunk, SEC Says

By Emilie Ruscoe ( June 17, 2025, 9:40 PM EDT) -- A purported beverage company and its founder face Securities and Exchange Commission claims they defrauded would-be investors out of $3.6 million by misrepresenting how they aimed to use funds they raised and inaccurately suggesting the company was poised to collaborate with pop star Rihanna....

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