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Lending Club Founder, Ousted, Settles Fraud Charges

Lending Club Founder, Ousted, Settles Fraud Charges San Francisco — Renaud Laplanche, a figure that is leading Silicon Valley’s work to challenge the monetary industry, reached money with federal regulators on Friday over accusations which he had fraudulently filled their company’s returns. The Securities and Exchange Commission charged Mr. Laplanche, the founder and previous leader …

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