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"These defendants presided over a sales process that started with empty promises of future wealth and ended with many consumers left in financial ruin," Andrew Smith, FTC Bureau of Consumer Protection director, said in a statement.
FTC says people lured by real-estate secrets left in ruin →
Andrew Smith, a panel leader, said Virgin Hyperloop One is expected to soon begin searching for a place to test out the futuristic transportation.
Officials pitch Missouri for high-speed Hyperloop test track →
