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Former MoviePass executives face fraud charges

Summary by Ground News
J. Mitchell Lowe and Theodore Farnsworth allegedly schemed to defraud MoviePass investors. The men each face one count of securities fraud and three counts of wire fraud with a maximum of 20 years in prison. Farnsworth had a first appearance in DC District Court Friday after he voluntarily turned himself in.

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Mashable broke the news in United States on Sunday, November 6, 2022.
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