UPDATE 1-SEC wins $188 mln in Wyly fraud case, may get more than $300 mln

NEW YORK, Sept 25 (Reuters) - Texas tycoon Sam Wyly and his late brother Charles' estate must pay $187.7 million to the U.S. Securities and Exchange Commission for a fraudulent offshore scheme, a...

from Reuters: Financial Services and Real Estate http://ift.tt/1Dzppo3