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SEC charges Drive Planning and its CEO more than $300m ‘Ponzi Scheme’

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The Securities and Exchange Commission has charged Drive Planning and chief executive Russell Todd Burkhalter over what it called a $300m real estate Ponzi scheme.

The US government agency said it has obtained a preliminary injunction, asset freeze and other emergency relief against the Atlanta-based company and its founder.

SEC charges Drive Planning and its CEO over $300m ‘Ponzi Scheme’

Financial Regulation

Investing

Regulation

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