Ohio Attorney General Dave Yost and Ohio Department of Commerce Director Sherry Maxfield announced on Tuesday that the managers of a Lucas County investment firm have been indicted on multiple felony charges in a decade-long scheme to defraud at least 200 clients out of $72 million.
Eight managers from Northwest Capital were charged with 204 felony counts in all, most of which were related to misleading and defrauding investors of tens of millions of dollars.
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