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11th Circ. Won't Void $2.2M Order Against Par Funding Adviser

By Katryna Perera ( June 11, 2025, 9:20 PM EDT) -- The Eleventh Circuit has affirmed a district court's ruling ordering a South Florida financial adviser accused of funneling investors into the $500 million Par Funding fraud scheme to pay nearly $2.2 million to the U.S. Securites and Exchange Commission, saying that the "ample evidence" of his violations shows his liability and warrants the fine....

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