Florida Men Facing Fraud Charges For Reportedly Cheating Investors

Miami FL

14 June, 2021

12:02 PM

Description

CBS Miami June 14, 2021 A pair of Florida men are facing fraud charges after a Securities and Exchange Commission investigation found they cheated investors out of a lot of money. According to the investigators, Larry Brodman misappropriated more than $1 million in investor funds for personal use. The SEC also said it caught Brodman using money from newer investors to pay a portion of the supposed profits of earlier investors. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.