Tag: IPO swindles
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BULLETIN: Corrupt MLMers Found Guilty Of Operating Pyramid Scheme And Stock Swindle; James A. Sweeney And Patrick M. Ryan Face Decades In Prison
BULLETIN: In a case that could have been taken from the MLM and security swindler’s playbook, James A. Sweeney and Patrick M. Ryan have been found guilty by a state jury in California of operating a pyramid scheme and stock fraud and stealing $8.2 million after soliciting business at “seminars.” The men face more than…