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Wylys Will Soon Learn If They Must Pay $700 Million to SEC

Traders Magazine Online News, December 2, 2014

Bob Van Voris

Samuel Wyly and the estate of his brother Charles will soon find out if they have to pay the U.S. regulators as much as $700 million after a jury found them liable for a 13-year scheme to use a web of offshore trusts to hide stock holdings and make illegal trades.

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