July 15, 2024
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SEC sues Central Coast investment adviser for alleged $2M fraud


The Securities and Exchange Commission has sued a Central Coast investment advisor for allegedly defrauding clients, primarily elderly women, out of $2.25 million.   According to the lawsuit filed Oct. 20 in U.S. District Court for the Central District of California, Julie Darrah and the firm she ran, Vivid Financial Management, Inc., misappropriated the funds from…


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