55-year-old Robert Cephas Brown Jr. and 49-year-old Duane Allen Eddings were indicted Thursday on multiple felony charges, including mail fraud, wire fraud and money laundering. Authorities say they operated under multiple names, including Trebor Company, and lured investors with promises of high returns. One plan they are accused of offering promised to double investors' money in three months. According to the indictment, Brown spent the money on limousine services, a Ferrari Testarossa and expensive clothes, hotels and restaurants. He also allegedly withdrew more than $3.5 million of investors' money in cash.
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