SEC Deal Harshly Punishes Poor Accused Millionaire Investor

SEC gets out its silken whip for this one.  No jail time though.  If you or I had “diverted” $12,000.000 what then?

It is just a sign that the Empire is on its last legs when corruption like this goes routinely unpunished.  How many more years can this go on?  Not many. or:

Kathleen Pender in SFGate:

“Lawrence “Larry” Goldfarb, the Marin County hedge fund manager who settled federal fraud charges last week, admitted that he diverted $12 million in investor money to other entities he owned and then “knowingly and intentionally” misled investors about it.”


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