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Re: SlipperyFillet post# 65696

Friday, 04/27/2012 10:19:09 AM

Friday, April 27, 2012 10:19:09 AM

Post# of 68381
It's good to see a fraudster caught and on her way to prison, but her maximum fine was only $250,000 after defrauding investors of $1 million. Unfortunately criminal fines aren't like civil disgorgement orders in SEC actions, some of which might compensate the victims for at least some of their losses.

This is the worst of it:

According to court documents and statements made in court, between approximately March 2009 and November 2011, Brass represented herself as a successful investment advisor and solicited funds from investors, including investors who were elderly and in a vulnerable physical condition.


http://www.fbi.gov/newhaven/press-releases/2012/washington-depot-resident-admits-defrauding-investors-of-more-than-1-million