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Wylys Should Pay $329 Million for Fraud, SEC Tells Judge

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Samuel Wyly and the estate of his brother Charles will soon find out if they have to pay the U.S. regulators as much as $700 million after a jury found them liable for a 13-year scheme to use a web of offshore trusts to hide stock holdings and make illegal…

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Click here to read the full story: Bloomberg Business Week

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