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SEC charges duo in defrauding seniors and others in $20 million penny-stock scam

Former head of two microcaps worked with boiler room operator whose agents pressured investors and promised them lucrative profits.

The Securities and Exchange Commission has charged a former microcap CEO and a boiler room operator with pressuring senior citizens and other investors to buy penny stocks in a $20 million fraud.

Craig V. Sizer was the CEO of Sanomedics, which purportedly sold non-contact infrared thermometers, an

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