Claude Darrell McDougal, 55, Charlotte, NC, pleaded guilty in US District Court to securities fraud. McDougal was accused of running a Ponzi scheme, bilking approximately twenty-five of his Charlotte investors out of $2.5 million between 2006 and 2010. McDougal faces up to 20 years in prison and a $5 million fine. Allegedly, McDougal's told clients […]
