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Texas Gambler Took $9M From Would-Be Investors, SEC Says

By Emilie Ruscoe ( July 15, 2025, 6:23 PM EDT) -- A Texas man faces U.S. Securities and Exchange Commission allegations he defrauded investors out of $9 million, holding himself out as an experienced trader seeking to help the Hispanic community when, in fact, he was spending his victims' money on himself, on Ponzi payments and to help his ex-girlfriend's family purchase real estate....

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