Former Econ Prof Got Coin Buyer to Give Investment Money
Al Parish, a Charleston Southern University Economics professor, bought a rare coin for $70,000 days before the Securities and Exchange Commission charged him with investment fraud. Court documents show that Parish persuaded one of his coin agents to give him $75,000 of his own money to invest.
Former economics professor got his coin buyer to hand over investment money
Parish has been charged by the SEC for five counts of fraud. He says that he suffers from amnesia and should not be held accountable for his actions.
Related Links:
Legal View: Securities
Professor Claiming Amnesia Made $70,000 Purchase Before Charges
Former Professor Bought Expensive Coin Days Before Being Charged
Sellers of 'hard assets' also found themselves lured into Parish's pools
Economist Accused of Fraud