Thursday, September 20, 2012

$135 million default judgment entered in 'green' scheme

A federal judge in Denver has ordered a group of executives sued by the U.S. Securities and Exchange Commission to pay more than $135 million for allegedly setting up a phony investment scheme involving purportedly "green" properties.

Source: http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202572079044&rss=rss_nlj

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