James P. Kolf of Sauk City, had been a state-registered broker-dealer from 1981 to Aug. 29, 2016, and an investment adviser from 2009 to 2016. Between 2011 and 2016 he defrauded 14 investors out of $905,000, in amounts from $9,000 to $150,000, promising to invest the money in“ energy companies” and produce returns of 6 to 8 percent annually. According to the consent…
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