Former SEC lawyer-turned-stock-fraudster pleads guilty in second securities scam

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Former SEC lawyer-turned-stock-fraudster pleads guilty in second securities scam
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Phillip Offill admitted stealing $1.3 million in penny-stock fraud after serving 8 years in a pump-and-dump scam.

A former lawyer for the Securities and Exchange Commission has pleaded guilty to stock fraud for the second time, admitting ripping off investors for $1.3 million in a penny-stock scam after serving eight years in a pump-and-dump scheme.

A former lawyer for the Securities and Exchange Commission has pleaded guilty to stock fraud for the second time, admitting ripping off investors for $1.3 million in a penny-stock scam after serving eight years in a pump-and-dump scheme.

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