Brief

The Securities and Exchange Commission (SEC) has filed fraud charges against Massachusetts-based Horizon Platinum LLC and its owner Faraz Dar, alleging a multimillion-dollar securities offering scam. The SEC complaint claims that investors were induced to invest by false promises of high returns, with investments totaling up to $30 million. The SEC's action aims to stop the alleged fraudulent scheme and recover losses for affected investors. This case highlights the importance of conducting thorough due diligence on investment opportunities and verifying the legitimacy of companies and their owners.

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US Securities and Exchange Commission

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