BROOKLYN, New York, Dec. 12 -- The office of the U.S. Attorney for the Eastern District of New York posted the following news release on Dec. 10, 2025:

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Founder and Chief Executive Officer of Investment Company Charged in Multi-Million Dollar Fraud Schemes

Defendant Allegedly Misrepresented Gray Digital's Assets and Performance, Provided Investors with Fraudulent Documents and Defrauded Institutional Lenders; Obstructed Related SEC Investigation

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