Racmaghreb
News

SEC charges Wyly brothers with $550 million fraud (Reuters)

July 29, 2010 by admin · Leave a Comment 

Reuters – The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.

Read more from the original source: 
SEC charges Wyly brothers with $550 million fraud
(Reuters)

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!