Owners of Radio Shack, Pier 1 Imports and Other Brands Accused by S...
By Sonu Bakoriya
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Owners of Radio Shack, Pier 1 Imports and Other Brands Accused by S... is trending among U.S. readers. Here’s a concise, verified recap so you can catch up fast.
Why This Matters: The US Securities and Exchange Commission accused Alex Mehr and Tai Lopez, founders of Miami-based Retail Ecommerce Ventures (REV), of duping investors out of roughly $112 million, according to a federal filing obtained by the Post in the Southern District of Florida.
Summary: The US Securities and Exchange Commission accused Alex Mehr and Tai Lopez, founders of Miami-based Retail Ecommerce Ventures (REV), of duping investors out of roughly $112 million, according to a federal filing obtained by the Post in the Southern District of Florida.
Key Drivers
- Owners of Radio Shack and Pier 1 Imports accused by SEC of operating $112 million Ponzi scheme
What’s Next
- Follow-up: Owners of Radio Shack and Pier 1 Imports accused by SEC of operating $112 million Ponzi scheme
Sources: nypost.com
