ponzi scheme

SEC Catches Chad Burroughs

SEC Catches Up With Chad Burroughs CT Investment Adviser For Defrauding Retail Investors

The long arm of the Securities and Exchange Commission has finally caught up with Lester “Chad” W. Burroughs. The Connecticut Investment adviser is accused of running a Ponzi scheme that resulted in the misappropriation of close to $575,000 in investors’ funds. The investment adviser operated …

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