Clarence Dean Alford (Courtesy photo)
“Alford was a prominent member of the community who misled retail investors for personal gain,” SEC Atlanta Regional Office's associate regional director Justin Jeffries said.
July 31, 2020 at 11:07 AM
1 minute read
Reporter
The Securities and Exchange Commission charged a former state legislator and member of the Georgia Board of Regents on Thursday with fraud through a Ponzi scheme.
The SEC alleged that Clarence Dean Alford defrauded at least 100 investors in a now-bankrupt company called Allied Energy Services.
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