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SEC Alleges Advisor Failed to Protect Clients’ Assets

Friday, May 02 2014

Regulatory & Compliance

Written by PFA News

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Barry Bekkedam, who founded Ballamor Capital in the Philadelphia area, has been charged by the Securities and Exchange Commission with steering $100 million of his clients’ assets into a Ponzi scam. So reports philly.com.

Bekkedam has previously said that he and his clients are victims of the scam.

Read the full article from philly.com.

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