SEC CHARGES PURPORTED REAL ESTATE BUSINESS AND OWNER FOR CONDUCTING PONZI SCHEME
Washington, D.C., Oct. 7, 2010 – The Securities and Exchange Commission today charged a Chicago-area company and its owner for perpetrating a Ponzi scheme in which they promised investors extraordinary returns generated from a purportedly successful real estate business. The SEC alleges that Robert R. Anderson of Mt. Prospect, Ill., issued promissory notes through his […]
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