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Couple charged in boat fraud scheme

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A couple is facing criminal charges for allegedly defrauding investors to the tune of $28 million.

Curtiss Jackson, 69, and Jamey Jackson, 59, respectively Semisub’s CEO and president, are accused of making false claims about building a watercraft that could partially submerge to give passengers underwater views, USA Today reports.

The Jacksons allegedly used a large portion of the investment funds for personal expenses, such as luxury homes in Hawaii and California.

Read more from USA Today.

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