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Executive who had business ties to Playgirl magazine pleads guilty to $250M fraud in lending company

Executive who had business ties to Playgirl magazine pleads guilty to $250M fraud in lending company
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Florida executive who had business ties to Playgirl magazine pleads guilty to $250M fraud scheme

A Florida executive whose family business once owned Playgirl magazine has pleaded guilty to conspiracy to commit securities fraud for misleading investors in another of his companies — one that made high-interest loans to small businesses.

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