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SEC Charges Palm Beach CEO, Cecil Franklin Speight, in $3 Million Fraud Scheme

The U.S. Securities and Exchange Commission (“SEC”) has filed a civil lawsuit against a Palm Beach, Florida-based transfer agent and its owner for allegedly defrauding more than 70 investors out of more than $3 million by using “aggressive boiler room tactics” to sell worthless investment securities. According to the SEC’s lawsuit, which…

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