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Stock Swindler Faces New Charges in Tribal Bond Scam

May 12, 2016, 4:00 AM

The Galanis family sure knows how to keep prosecutors and regulators busy, if a review of their repeated brushes with the law is any indication.

Jason Galanis was fined by the SEC almost a decade ago and is awaiting trial with his father John, a convicted swindler, over a $20 million stock fraud39 SRLR 778, 5/14/07, 3 APPR 461, 5/18/07, 92 Corporate Law Daily, 5/14/07, 92 Corporate Accountability and Fraud Daily, 5/14/07, 92 DER K-1, 5/14/07, 92 Securities Law Daily, 5/14/07, 92 DTR K-1, 5/14/07. They were both slapped with new U.S. allegations that with five others they stole at least $60 million from investors through sham American Indian tribal bonds. The Jason Galanis-led group is...

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