Tag: investment scheme

Peoria man ordered to pay $4M for call center schemeInvestments were sold for “a call center that would purportedly find customers to put in the investors’ downlines for multi-level marketing companies.”

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PHOENIX — A Peoria man and his affiliated companies have been ordered to pay over $4 million in restitution for allegedly selling unregistered investment contracts to about 400 investors. The Arizona Corporation Commission issued the financial penalty against Jad Morris…[Continue Reading...]

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