Former Georgia State Legislator Charged By SEC For Defrauding Investors In Ponzi Scheme

This week, the Securities and Exchange Commission charged a former Georgia state legislator and member of the Georgia Board of Regents with defrauding at least 100 investors in the now-bankrupt energy development company, Allied Energy Services LLC. Clarence Dean Alford was charged this week. The SEC’s complaint shows that from 2017 to 2019, Alford fraudulently … Read more