SEC charges former CNBC guest analyst with $3 million fraud
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U.S. Attorney’s Office files a parallel criminal charge against James McDonald, who is believed to be in hiding.
The Securities and Exchange Commission has filed a civil injunctive action against James Arthur McDonald Jr. and his registered investment advisory firm, Los Angeles-based Hercules Investments, in connection with two fraudulent securities offerings.
The SEC alleges that McDonald, a former guest
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