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Aequitas duped 1,500 investors in 'Ponzi-like' scheme as it jetted and golfed its way to insolvency, says SEC complaint

The big picture includes blind faith in supposed guarantees on student loan debt that kept the cash flowing into a black hole

Author Sanders Wommack March 11, 2016 at 10:06 PM
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The SEC is seeking permanent injunctions, disgorgement with prejudgment interest and monetary penalties from CEO Robert Jesenik, who reportedly received a $685,000 salary as his firm tanked.

RIA Compliance

James Eccleston

James Eccleston

April 4, 2016 — 1:53 PM

My name is James Eccleston, and I own Eccleston Law LLC, a law firm located in Chicago, Illinois. We represent financial advisors & investors nationwide in securities & employment matters. We recently wrote about this story on our blog here: www.ecclestonlaw.com. If you or anyone you know are in need of legal assistance, contact us today.

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