Tag: unregistered real estate investments
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Missouri Man Banned From Investment Trade After Secretary Of State’s Office Discovers He Sold Unregistered Securities Of ‘Time-Share’ Resort To Senior Citizens In Their Eighties
A Missouri man who worked for a legitimate investment business near St. Louis sold unregistered securities in a Wisconsin-based, time-share “resort” business to elderly clients, Missouri officials said. The securities came in the form of “unregistered real estate investments,” the officials said. James McClellan Jr., of Chesterfield, never told 18 Missouri investors — at least…