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SEC Seeks To Enforce $27M Order In NFL, NBA Player Fraud

By Katryna Perera ( February 6, 2026, 10:15 PM EST) -- The U.S. Securities and Exchange Commission has asked a Washington, D.C., federal judge to order a broker-dealer and its sole director to comply with a 2015 commission order requiring them to pay over $27 million in disgorgement and other fines that stemmed from allegations that they ran a Ponzi scheme that swindled NFL and NBA clients out of $12 million....

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