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Fintech Founder To Pay SEC $1.1M To Settle Fraud Claims

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By Emilie Ruscoe (March 10, 2023, 10:31 PM EST) — The founder and CEO of a fintech startup will pay over $1.1 million as part of the resolution of U.S. Securities and Exchange Commission claims that he and an associate misled over 160 investors about the prospects of their purported financial and data software technology company, which took in nearly $13 million….

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