Four guilty of $10 million investment scheme involving medical device
Eric Heisig, cleveland.com
CLEVELAND, Ohio — Four men were found guilty by a jury Friday for concocting a scheme worth more than $10 million to sell unregistered securities and lie to investors about a medical device they claimed they were developing.
The masterminds lied about patents and fda approval for a device that destroys needles. They even had a fake location setup with parts laying around. This is a real life reenactment of the movie Boiler Room. Someone should make a movie about people who copied a movie. Reco!
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