Morris allegedly told Haley that this hot investment opportunity is based on a capital leasing concept (the “Fund”). Once money is invested in the Fund, Morris purportedly represented that the money would be deposited into an account under Morris’s sole control and would never leave the account. Odd how the investors’ cash never quite seems to get directly deposited into these troubled investments but always seems to wind up offshore, in a conduit, or in some account under someone else’s control.
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