Jefferies CEO says bank was defrauded by auto parts maker First Brands Reuters Jefferies was ‘defrauded’ by First Brands, says chief executive Financial Times Jefferies Stock Drops 9% Amid Questions on First Brands The Wall Street Journal Why Jefferies (JEF) Shares Are Plunging Today Yahoo Finance Top investment bank CEO says he was ‘defrauded’ by the bankruptcy that’s rattling Wall Street. Famous shortseller sees …
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Georgia Republican’s Ponzi scheme defrauded people of $140m, say officials | Georgia
A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140m, federal officials alleged in a complaint filed on Thursday. The civil lawsuit by the US Securities and Exchange Commission (SEC) said First Liberty Building and Loan, controlled by Brant Frost IV, lied to investors about its business of making high-interest loans to companies. …
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