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Bankers Life will repay $6.7 million to some victims caught up in alleged $140 million Ponzi scheme

State News – Georgia

Georgia Secretary of State Brad Raffensperger announced Wednesday that some victims of an alleged $140 million Ponzi scheme will be repaid for their lost investments, which he described as a rare outcome in cases of fraud. The agreement with Bankers Life Advisory Services and Bankers Life Securities will return nearly $6.7 million to 46 victims. […] Continue reading this story from the source →

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