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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Woodbridge Ponzi

Two directors of Woodbridge Group raised $1.2 billion through fraudulent, unregistered securities offerings now known as the Woodbridge Ponzi scam, the SEC and federal prosecutors say in parallel complaints.

MIAMI — Two directors of Woodbridge Group raised $1.2 billion through fraudulent, unregistered securities offerings now known as the Woodbridge Ponzi scam, the SEC and federal prosecutors say in parallel complaints.

Categories / Criminal, Securities

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