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Senior citizens are increasingly falling prey to financial scams and other abuses, according to a poll released Wednesday.

The SEC on Wednesday is expected to release a rule proposal to allow the general solicitation and advertising of private placements made under Reg D Rule 506.

Former Marine Clayton Cohn and his hedge fund management firm, Market Action Advisors, were charged by the SEC, after Cohn masqueraded as a successful trader to defraud fellow veterans, current service members and other investors.

Broker Charged With Stealing to Pay for Mortgage, Groceries.

$4.5M paid in total to settle charges in ‘calculated fraud exploiting terminally ill patients’.

A former Massachusetts certified financial planner and his colleague spent $1 million of their clients’ funds on personal expenses, including fast food, legal fees and ATM withdrawals at casinos, the SEC alleges.

Since the financial meltdown in 2008, the agency has charged more than 150 firms and individuals, and returned $2.6 billion to investors.

Pennsylvania man admits to role in $18M Ponzi scheme. Promised returns of 10-16% from real estate hedge funds; money paid for cars, vacations.

Russell Wasdendorf Sr. faces up to 50 years for part in commodity brokerage’s collapse.

Four executives at DBSI charged with, among other things, securities fraud.