U.S. SEC charges actor with operating $690 million Ponzi scheme

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FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Tuesday it had charged actor Zachary Horwitz with operating a $690 million Ponzi scheme.

(Reporting by Eric Beech; Editing by Mohammad Zargham)

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