Investment fraud suit grows more complex
The lawsuit, now unsealed, has a 146-page complaint amendment with 57 plaintiffs and three additional defendants.
By DAN BROWNING, Star Tribune
A federal lawsuit filed in July described a group of Twin Cities business entities that had been pitching a controversial foreign currency investment as “confusingly intertwined.” That appears to be an understatement.
A 146-page amendment to the complaint, unsealed Thursday at the request of the Star Tribune, makes the business entities look deeply enmeshed, with investment advisers from the firms allegedly working side-by-side at times to entice investors into a currency arbitrage program that promised double-digit returns without risk to capital.
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Francesc Riverola,
