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March 21, 2000 | EDMUND SANDERS, TIMES STAFF WRITER
The president and three executives of a defunct Irvine videoconferencing technology company were accused by federal regulators of fraudulently raising $4.3 million from about 400 investors nationwide, officials said Monday. David C. Erickson, who led the money-raising efforts for Face to Face Financial Inc., and the three others immediately settled with the Securities and Exchange Commission by agreeing not to violate federal securities laws in the future.
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BUSINESS
March 21, 2000 | EDMUND SANDERS, TIMES STAFF WRITER
The president and three executives of a defunct Irvine videoconferencing technology company were accused by federal regulators of fraudulently raising $4.3 million from about 400 investors nationwide, officials said Monday. David C. Erickson, who led the money-raising efforts for Face to Face Financial Inc., and the three others immediately settled with the Securities and Exchange Commission by agreeing not to violate federal securities laws in the future.
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