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Re: Slojab post# 846

Saturday, 12/15/2007 4:35:19 PM

Saturday, December 15, 2007 4:35:19 PM

Post# of 938
You're right.

There's a lot of bad stuff there.

How about this one?

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Investment Firm Sold Millions in Unregistered Securities




April 5, 2006
Missouri Attorney General Jay Nixon has filed a lawsuit to shut down a St. Louis company that sold at least $3.8 million in unregistered securities to investors on the promise of exorbitant rates of return.

Investors in Global Power Global Wealth (GPGW) Enterprises not only didn't realize those returns, Nixon says; in most cases, the investors lost their principal investments as well.

The lawsuit cites GPGW and its subsidiaries, Global Wealth Investments, Opportunity Lives and Global Wealth Builders, for numerous violations of the Missouri Securities Act of 2003 and the Missouri Merchandising Practices Act. Also named as defendants in the lawsuit are GPGW president, Andre E. Mitchell of O'Fallon, Ill., and vice president Henry L. Allen of St. Louis.

http://www.consumeraffairs.com/news04/2006/04/mo_securities.html

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Phil

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