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Securities Fraud

The SEC says Daniel Markel, 55, of Toluca Lake, Calif., fraudulently raised $7.7 million in unregistered offerings of his company MyLife Recovery Centers securities, in federal court.

LOS ANGELES — The SEC alleges in a federal complaint that Daniel Markel, 55, of Toluca Lake, Calif., fraudulently raised $7.7 million in unregistered offerings of his company MyLife Recovery Centers securities.

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