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Iowa financial advisor ordered to repay investors $2.3 million • Iowa Capital Dispatch

Summary by Iowa Capital Dispatch
(Photo by krisanapong detraphiphat/Getty Images) The Iowa insurance commissioner has ordered a Johnston company and its owner to repay $2.3 million that 15 investors lost in an oil-and-gas operation that regulators have likened to a Ponzi scheme. Regulators say one of the victims of the alleged scheme by Des Moines investment advisor Cory J. Dawkins was a teenage college student whose father died shortly after he began consulting with Dawkins o…

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Little Village broke the news in on Friday, March 14, 2025.
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