Myles W. Farrington promised over 100 investors in South Florida a 20% return by investing in mutual funds, but instead ended up making the state’s Department of Financial Services top 10 fraud list.

Farrington promised investors that their money would be placed in "secure mutual funds," but failed to deliver. In February, Farrington was sentenced to 54 months in federal prison and is supposed to repay $7.5 million in restitution after pleading guilty last summer to mail fraud and engaging in illegal monetary transactions.

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