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: Securities Law Prof Blog

SEC OBTAINS ASSET FREEZE AND OTHER RELIEF IN $47 MILLION OFFERING FRAUD

By Securites Lawprof

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On March 25, 2011, the SEC obtained an emergency asset freeze in a $47 million offering fraud and Ponzi scheme orchestrated by John Scott Clark (Clark) through Impact Cash, LLC and Impact Payment Systems, LLC (collectively Impact), companies owned and...

Full post as published by Securities Law Prof Blog on March 28, 2011 (boomark / email).

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