WASHINGTON — A Miami Beach, Fla.-based grocery reseller surrendered to federal authorities on Wednesday amid charges that his business, Capitol Investments USA, was a Ponzi scheme used to enrich himself and unrelated business ventures. Nevin K. Shapiro, founder and president of Capitol, ran a grocery diverting business which purchased low-priced groceries in one region and resold them in another where prices were higher. According to the Securities and Exchange Commission, Shapiro violated ...

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