A real estate developer pleaded guilty and agreed to pay back investors who lost more than $3 million through a scheme she carried out involving properties in New Hampshire and Massachusetts.
Robynne Alexander told investors she would purchase, renovate, and sell properties for a profit, but instead she used their money to pay fictitious returns to other investors and projects and to cover personal expenses, the SEC alleged in a complaint filed Thursday in the US District Court for the District of New Hampshire.
Alexander raised more than $4 million from at least 28 investors for eight real estate investment ...
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