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Indicted for stock fraud, Brainerd-area republican city councilor resigns
Indicted for stock fraud, Brainerd-area city councilor resigns
A Breezy Point city councilman resigned his post this week after being indicted for securities fraud, allegedly "hijacking" dormant public companies to manipulate their share prices.
The city councilor, Mark A. Miller, is also the target of a separate lawsuit — with similar allegations — by the U.S. Securities and Exchange Commission (SEC).
-snip-
Miller, identified as a Republican on a Brainerd Lakes Chamber of Commerce website, was elected to the Breezy Point council in November. His term was to run through 2024. He is the principal executive of MJ Builders, according to a filing with the Minnesota Secretary of State's Office. - Minneapolis Star Tribune
A Breezy Point city councilman resigned his post this week after being indicted for securities fraud, allegedly "hijacking" dormant public companies to manipulate their share prices.
The city councilor, Mark A. Miller, is also the target of a separate lawsuit — with similar allegations — by the U.S. Securities and Exchange Commission (SEC).
-snip-
Miller, identified as a Republican on a Brainerd Lakes Chamber of Commerce website, was elected to the Breezy Point council in November. His term was to run through 2024. He is the principal executive of MJ Builders, according to a filing with the Minnesota Secretary of State's Office. - Minneapolis Star Tribune
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