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Santa Clarita Man Agrees To Plead Guilty To Securities Fraud For Bilking Investors Who Purchased Real Estate 'Coupon Bonds'

A Santa Clarita resident who invested in real estate and sold โ€œcoupon bondsโ€ that promised regular interest payments on top of principal repayment has agreed to plead guilty to a federal criminal charge for defrauding investors out of more than $1.7 million, the Justice Department announced today.
United States Matthew Skinner Jeff Mitchell A Santa Clarita Empire West Equity Inc United States District Court

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