Harvard Law Grad Accused of Scheming to Defraud Investors of $95M with securities that didn’t exist

https://www.yahoo.com/gma/harvard-law-grad-accused-scheming-defraud-investors-95m-034700495–abc-news-personal-finance.html

Sent from Mail for Windows 10

Film producers have a habit of soliciting equity from investors but have non-existent securities which = equity. Is this the result of being shisters or amateurs that lack a MBA in finance and thus don’t know better?

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