SEC sues Milton man for alleged investment fraud

from The Boston Herald

The U.S. Securities and Exchange Commission filed a civil suit Tuesday against a Milton man, accusing him and his businesses of bilking at least eight investors out of a combined $780,000 over three years, which he allegedly used to pay for “luxury items” and “living expenses,” including an equine veterinarian and utilities and taxes on his Milton home. (Read the full story here.)

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