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Wednesday, April 23, 2025

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$43 Million

The SEC claims in a <strong><a href="http://www.courthousenews.com/wp-content/uploads/2019/06/SECvSugarman.pdf">federal complaint</a></strong> that Jason Sugarman, 47, of Los Angeles, “stole $43 million from unwitting pension funds to finance the acquisition of a global financial conglomerate of European and Bermuda insurers, and investment advisers based in Virginia and Connecticut.”

MANHATTAN — The SEC claims in a federal complaint that Jason Sugarman, 47, of Los Angeles, “stole $43 million from unwitting pension funds to finance the acquisition of a global financial conglomerate of European and Bermuda insurers, and investment advisers based in Virginia and Connecticut.”

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