September 6, 2010
SEC Sues N.J. Investment Advisor on Fraud
Topix SEC News
The SEC claimed that Sandra Venetis, from Branchburg, N.J., sold fraudulent promissory notes - claiming that they were guaranteed by the Federal Deposit Insurance Corporation - to unsuspecting consumers, promising them returns of up to 11 percent tax-free. The SEC alleged that Venetis received the funds and used them to pay off business debt and …
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