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Securities Fraud

The SEC claims Donald G. Blakstad, 60, of San Diego and Las Vegas, defrauded investors of $3.5 million by selling them shares of his companies Energy Sources International Corp. and Xact Holdings Corp., in federal court.

MANHATTAN — The SEC claims in a federal complaint that Donald G. Blakstad, 60, of San Diego and Las Vegas, defrauded investors of $3.5 million by selling them shares of his companies Energy Sources International Corp. and Xact Holdings Corp.

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