Word: guzzi
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Dates: during 1970-1979
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Massachusetts Secretary of State Paul H. Guzzi '64 yesterday ordered Bill Dillon and Co., an investment firm run by Harvard undergraduates, to halt all further business in the Commonwealth pending possible charges of fraud and other business irregularities...
...Guzzi charges William P. Dillon '79, founder and president of the company, with violating the anti-fraud provision of the Massachusetts Uniform Security Act by preparing and signing letters from customers authorizing the purchase or sale of securities without the knowledge of the customers...
...Guzzi also charged Robert Tillman '78, Carl Kaufman '77 and Brian Desmond, a Boston-area resident, all former Dillon employees, with transacting business from Dillon's office without being registered as agents with the Massachusetts Securities Division of the Secretary of State's Office...
...Guzzi said he plans to run for United States Senate sometime in the future, but added, "No one runs against Kennedy...
Economics will dominate the upcoming election, Guzzi said, because economic conditions have reached the point where consumers find it increasingly difficult to make ends meet...