Thursday, July 21, 2016

SEC busts two men for $7M collateralized #mortgage obligation Ponzi scheme

Earlier this week, the U.S. District Court for the District of Utah, at the behest of the Securities and Exchange Commission, handed down final judgments against two men that the SEC accused of running a scheme that defrauded investors out of more than $7 million. http://www.housingwire.com/articles/37595-sec-busts-two-men-for-7m-collateralized-mortgage-obligation-ponzi-scheme ❤️ #share #mortgage



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