A Florida man has pled guilty to his part in defrauding investors through a company called Peoples Equity Group, an investment company based in Miami, Florida, that operated from 2021 to 2024.
According to information presented in court, 34 year old Dakota Smith of Miami Florida and his co-conspirator defrauded investors by soliciting to investors that they would obtain ownership interests in the companies owned by Peoples Equity Group and its affiliated entities.
Over the course of three years, he reportedly stole over 27 million dollars…