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December 2, 2013
Florida Regulators Investigating Possible CD Scam

The Florida Office of Financial Regulation is investigating allegations that several companies and individuals sold CDs to investors, primarily elderly, by falsely claiming the CDs were insured by the Federal Deposit Insurance Corp.(FDIC). A Brevard County Circuit Court issued an injunction on Nov. 27th. against First Merchant Capital LLC, Capstar Industries LLC, Southeast Mutual Insurance […]

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