KCN: TEXAS AND ALABAMA IMPOSE SANCTIONS

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The Texas State Securities Board (TSSB) and the Alabama Securities Commission (ASC) sanction South African firms:  Liquid Gold Trust, Liquidity Card Solution LLC, Liquidity Global Card Solution and Lance Angus Jerrard. According to the official statement, the orders state that the respondents are attempting to defraud Texas and Alabama investors, the respondents engaged in dishonest business practices and the investments offered are not registered as required by Alabama and Texas law. Friends, be careful before investing your finances. See you later!

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