GODBOLD, Senior Circuit Judge. These consolidated appeals arise from appellants’ convictions for participating in a scheme to defraud investors. Appellant DeVries was convicted of one count of conspiracy to commit securities fraud, 18 U.S.C. § 371 , 15 U.S.C. § 77q, three counts of selling unregistered securities, 15 U.S.C. § 77e(a)(l), and…
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