Tag: Florida Securities and Investor Protection Act
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BULLETIN: FLORIDA — AGAIN: FTC Says ‘High-Pressure’ Telemarketers Conned Seniors In ‘Precious Metals’ Boondoggle; Federal Judge Issues Asset Freeze, Appoints Receiver
BULLETIN: A federal judge has frozen the assets of three Florida companies and their operator, after the Federal Trade Commission alleged a “precious metals” telemarketing scam aimed at senior citizens was under way and had collected nearly $9 million. Named defendants in the case were Anthony J. Columbo, Premier Precious Metals Inc., Rushmore Consulting Group Inc.…
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Bill McCollum, Florida Attorney General, Seeks Tougher Securities Laws, Even As ASD Faithful Work Against Him
While some members of the “Surf’s Up” Pro-ASD forum are sending letters to Sen. Patrick Leahy (D.-Vermont)Â in a bid to get him to endorse Ponzi schemes, Florida Attorney General Bill McCollum is working with legislators to strengthen securities and fraud laws. And McCollum also is working with AARP to strengthen the laws. Last year,…