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Cash Plus Boss Carlos Hill Walks Free As Fraud Case Collapses

The long-running fraud case of Cash Plus boss Carlos Hill has collapsed. Prosecutor Addley Duncan today told Justice Chester Stamp that the prosecution was offering no evidence against Hill. The judge then ordered the jurors to return a verdict of not guilty. Hill was charged with fraudulently inducing persons to invest in Cash Plus, which collapsed in 2008 with more than $10 billion for over 40,000 investors.