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: Securities Law Prof Blog

Pacific Asian Atlantic Foundation Settles SEC Fraud Charges over Worthless Bonds

By Securites Lawprof

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The SEC settled fraud charges against Pacific Asian Atlantic Foundation, a purported international humanitarian organization, and its president and chief executive officer for fraudulently offering billions in worthless bonds to several U.S broker-dealers. The SEC's complaint, filed in the United...

Full post as published by Securities Law Prof Blog on February 19, 2010 (boomark / email).

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