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SEC Charges Victorville and the SCLAA – News

California City, Underwriter Misled Investors, SEC Says U.S. regulators accused Victorville, California, and underwriters of lying to investors by inflating property values backing $13.3 million of municipal bonds to redevelop a closed air force base [George AFB] . …  latimes.com View: SEC Complaint – (PDF – 44 pages – 203 KB) SEC amends fraud complaint  Victorville Daily Press … 20 new elements which revolve largely around [Read More…]