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Financial advisor David W Schamens charged with fraud
David W. Schamens defrauded clients for $6.8 million in a Ponzi scheme despite being banned by the SEC decades earlier, according to investigators.
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SEC charges barred adviser David Schamens with fraud
The SEC charged an adviser whom the agency had barred back in 1992, David Schamens of Greensboro, North Carolina, with lying to investors.
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