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SEC Halts $150 Million Investment Scheme to Dupe Foreign Investors and Exploit Immigration Program

Friday, 8 February 2013

(Source: SEC.GOV) Washington, D.C., Feb. 8, 2013 — The Securities and Exchange Commission today announced charges and an asset freeze against an individual living in Illinois and two companies behind an investment scheme defrauding foreign investors seeking profitable returns and a legal path to U.S. residency through a federal visa program. To see the complete news release, log on http://www.sec.gov

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