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Articles Posted in SECURITIES FRAUD

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SEC Sues Sidney & Charlotte Hanson: Perpetrators of Queen Shoals Investment Ponzi Scheme

September 8, 2009 – Sidney S. Hanson and Charlotte M. Hanson and twelve fraudulent business entities, including Queen Shoals, LLC, have been charged with securities fraud by the Securities & Exchange Commission. The couple had been running a scam promising high interest returns on “private” loans. The SEC announced today that…