Securities America to pay another $1 million to Medical Capital Holdings investors in Massachusetts
The firm will make a final payment to investors who bought promissory notes issued by MedCap, a $1.7 billion Ponzi scheme sold mainly through independent broker-dealers.
Almost six years after reaching a settlement with the Massachusetts Securities Division, Securities America Inc. will make a final payment of $1 million to investors, many of them seniors, who bought promissory notes issued by Medical Capital Holdings, a $1.7 billion Ponzi scheme sold mainly through
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