Jury finds investment manager liable in case linked to Ponzi scheme

April 1, 2015 9:34 PM

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WASHINGTON, April 1 (Reuters) - A Florida jury handed the U.S. Securities and Exchange Commission a major victory on Wednesday, after it found an investment manager tied to the Rothstein Ponzi scheme liable for fraud.

The verdict comes nearly three years after the SEC charged George Levin with defrauding investors through a feeder fund that funneled money to attorney and convicted Ponzi schemer Scott Rothstein.

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