TDCI Imposes Securities Penalty on Fraudulent Operator of HUGEROI.COM
The Tennessee Department of Commerce & Insurance (TDCI) Securities Division announces disciplinary action against an online “private investment club” found in violation of the state’s securities law. Shelby County resident Clifton Alexander, who operated the website HUGEROI.COM, faces civil penalties for the unlicensed and fraudulent sale of a security to an investor.
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