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Calgarian who ran $150-million ‘classic Ponzi scheme’ ordered to pay $8.8 million in penalties

Calgarian who ran $150-million ‘classic Ponzi scheme’ ordered to pay $8.8 million in penalties

A Calgary man who ran a $150-million Ponzi scheme has been convicted of securities fraud and ordered to pay $8.8 million in penalties and costs by the Alberta Securities Commission (ASC).Craig Michael Thompson, 47, and his two companies, Black Box Management

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