May 16, 2025

Investment scheme

Investment

Feds accuse man in alleged investment scheme to pay for luxury lifestyle

Federal authorities are accusing the owner of a Providence-based investment company in what they claim “has many hallmarks of a Ponzi scheme.” The Securities and Exchange Commission filed the complaint against former Marine Christopher Aubin and his company Anchor State Capital, previously Anchor State Investments. The feds claim Aubin, 30, of Walpole and previously Lincoln,

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