05.06.2019 SEC uncovers Ponzi Scheme through fictitious hedge fund at frat house in Georgia
B. G., Opalesque Geneva:

A recent college graduate at the University of Georgia has been charged by the Securities and Exchange Commission (SEC) with orchestrating a Ponzi scheme through a fictitious hedge fund over the last year. He has testified and agreed to have his assets frozen. However, the SEC is still trying to identify all the victims.

Syed Arham Arbab, 22, conducted the fraud fr

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