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SEC charges founder and two New Jersey firms in $16 million Ponzi scheme

SEC ·

The U.S. Securities and Exchange Commission has charged Ernest Ossei Boateng and his companies, Intercontinental Wealth Network LLC and I Wealth Network LP, for allegedly orchestrating a $16 million Ponzi scheme that defrauded over 200 investors.

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Summaries are written by AI from the original article. Not investment advice.

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