
SEC Sues OnPassive Alleging It’s a Pyramid Scheme
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
Clinton et al v. Security Benefit Life Insurance Co.
20-cv-4038, D. Kan.
(Nov. 2019)
Equity-indexed deferred annuities
Deceptively representing the performance and returns of annuities
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
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