MEMORANDUM OPINION DETERMINING DEBT TO BE NONDISCHARGEABLE
JAMES F. SCHNEIDER, Bankruptcy Judge.
The instant complaint to determine dischargeability of debt was brought by eight plaintiffs who lost money invested in several unsuccessful business enterprises which they claim the debtor promoted by fraud and misrepresentation. For the reasons stated, only the relief requested in Count 1 of the complaint will be granted; Counts 2 and 3 will be dismissed.
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