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Articles Posted in prime bank investment scam

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SEC Files Charges in Alleged Prime Bank Fraud

The US Securities and Exchange Commission has brought fraud charges against two men and their company, United Business Alliance, LLC, for allegedly running a prime bank investment scam. The regulator is seeking permanent injunctions, disgorgement of ill-gotten gains, prejudgment interest, and civil penalties. According to the regulator’s complaint, between 10/2013…

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