Atty To Shell Out $11.7M For Class-Action Finance Fraud

By Dunstan Prial (December 8, 2017, 6:03 PM EST) -- A California federal judge on Thursday signed off on a tax lawyer's $11.7 million disgorgement agreement for a scheme in which he raised money from investors to finance class actions, while not disclosing the risks of the suits and using many of the proceeds for personal use and to make Ponzi-like payments to earlier investors....

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