The US Securities Commission has brought charges against Robert Lenard Booth, whose name hides many other names. The Commission revealed that he was involved in a fraudulent scheme totalling more than $ 8 million.
During the study, it was revealed that this fraudster, with the help of other organizations and his own, laundered more than $ 8 million from more than 140 investors. The organizations sold fake securities that were allegedly traded on the US stock exchange. Pensioners and elderly people have become victims of fraud to a greater extent.