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March 30, 2014
FINRA Orders Texas Firm to Pay $2.5 Million to Elderly Clients in Ponzi Scheme

Golden Beneficial Securities Corporation, a Texas securities firm, was ordered to pay $2.5 million to a couple who invested with the firm by the Financial Industry Regulatory Authority (FINRA) for failing to supervise their broker who was allegedly involved in a Ponzi scheme. The Texas couple accused Golden Beneficial Securities Corp. of failing to safeguard […]

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