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The Los Angeles

Ex-Palisades resident found guilty of running $2 million Ponzi scheme

Ex-Palisades resident found guilty of running $2 million Ponzi scheme
Photo: NBC Los Angeles (KNBC) · view original

A former Pacific Palisades resident who founded a smart ring company was found guilty of multiple federal charges after prosecutors accused her of defrauding investors and making extravagant claims about her product’s capabilities and business connections, the U.S. Department of Justice announced...

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