May 11, 2013 7:41 PM

Hilton Head investors defrauded, says AG's office

A group of Hilton Head Island investors believed its money was paying for a grass farm and timber operations, but evidence suggests it really paid for shopping trips to Victoria's Secret and Macy's, college applications to Wake Forest and Vanderbilt and other unrelated purchases, according to an order from the S.C. Attorney General's Office.

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