A Florida businessman who once owned Playgirl magazine pleaded guilty for his role in a $250 million fraud scheme where he misled more than 3,400 investors across 42 states.
MIAMI (AP) A South Florida executive whose family business once owned Playgirl magazine has pleaded guilty to conspiracy to commit securities fraud for misleading<a class="excerpt-read-more" href="https://wsvn.com/news/local/broward/south-florida-executive-who-had-business-ties-to-playgirl-magazine-pleads-guilty-to-250m-fraud-at-lending-company/">Read More</a>
The former owner of Playgirl magazine has pleaded guilty to a $250 million fraud scheme that saw him use investor money to fund his luxurious lifestyle.
MIAMI (AP) A Florida executive whose family business once owned Playgirl magazine has pleaded guilty to conspiracy to commit securities fraud for misleading investors in another of his companies one that made high-interest loans to small businesses.