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Matthew Skinner, 45, who in 2014 founded a company called Empire West Equity Inc. and later established Simple Growth LLC, was charged Tuesday with securities fraud, according to the U.S. Attorney's Office.
A Santa Clarita resident who invested in real estate and sold “coupon bonds” 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.