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SEC Says Healthcare Exec Misspent $10.6M In Investor Funds

By Katryna Perera ( January 15, 2026, 9:19 PM EST) -- The U.S. Securities and Exchange Commission on Thursday accused a healthcare company CEO of misappropriating over $10 million from investors by falsely claiming the funds would be used to develop cancer screening and treatment technology when in fact they were spent on credit card debt, luxury vehicles and strip club visits....

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