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TWG’s Ponzi Defense Sparks Debate | Chicago News
A billionaire-backed firm, TWG, is under fire from the SEC for allegedly running a billion-dollar Ponzi scheme—where money from new investors supposedly paid earlier ones. TWG fiercely denies the claims, arguing there are no actual victims since everyone got their returns. The SEC counters with detailed financial evidence, pointing to suspicious fund flows. As the high-stakes investigation unfolds, the outcome could reshape how such schemes are prosecuted—and what it means for investors and the company’s future. Listen in comfort:Get a discount on a Soli Pillow…
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