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RadioShack Reboot Plan Morphed Into $112M Scam, SEC Says

By Dorothy Atkins ( September 23, 2025, 10:04 PM EDT) -- The U.S. Securities and Exchange Commission sued three former Retail Ecommerce Ventures LLC executives in Florida federal court Tuesday, alleging they raised $112 million through fraudulent securities offerings that operated as a Ponzi-like scheme that promised bogus 25% annual returns to revitalize popular REV brands including RadioShack and Pier 1 Imports....

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