![Securities Scam Results in $1.2 Million in Fines and Restitution](http://townsquare.media/site/119/files/2018/12/scam-iStockphoto.jpg?w=980&q=75)
Securities Scam Results in $1.2 Million in Fines and Restitution
Securities and Insurance Commissioner Matt Rosendale announced on Wednesday that a recent fraud case has resulted in over $2 million in fines and restitution fro the New York brokerage firm of Alexander Capital and two of its employees.