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Securities Fraud

Two men defrauded investors of $5 million in a pyramid scheme and took 30 percent off the top, the SEC claims in a federal complaint.

SANTA ANA, Calif. - Renato Rodriguez, 32, of Downey, Calif., and Gutemberg Dos Santos, 40, of Las Vegas dba Vizinova defrauded investors of $5 million in a pyramid scheme and took 30 percent off the top, the SEC claims in a federal complaint.

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