SEC: Frisco Lender Defrauded Investors to Pay Man Posing as Agent for Drake, Taylor Swift

Federal authorities have ordered a Frisco mortgage lender to stop running what they say was a fraudulent scheme that funneled investors' money to several people he shouldn't have, including $1.4 million to a man who claimed to be a booking agent for Drake and Taylor Swift.Thurman Bryant, III, raised roughly $22.7 million since 2011 through his Katy-based company, Bryant United Capital Funding, by lying to roughly 100 investors in Texas and other states, according to a Securities and Exchange Commission complaint filed on May 15.  Continue reading...

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