Thousands left penniless after collapse of Ponzi scheme Independent Many families had pooled their investments , meaning that up to a quarter of the nine-million strong population has been directly affected by the scam . …

Read more:
Thousands left penniless after collapse of Ponzi scheme – Independent

Judge approves restitution for Ponzi schemer Scott Rothstein's victims MiamiHerald.com The repayment formula will be based on how much investors put in and then took out of Rothstein's investments over a four-year period before his scam … and more

Ha’aretz Leader of $200 Million Real Estate Investment Scam Arrested for Fraud Federal Bureau of Investigation (press release) NEWARK, NJ—Eliyahu Weinstein, aka “Eli Weinstein,” was arrested at his home this morning by federal agents on charges that he ran an investment fraud … New Jersey man, leader of a $200 million real estate fraud arrested Channel 6 News Online Lakewood real estate developer charged in alleged Ponzi scheme is jailed … The Star-Ledger – NJ.com Lakewood real estate developer is charged in alleged Ponzi scheme The Star-Ledger – NJ.com CBS 3 all 46 news articles

Popular Searches

• leader of $200 million real estate investment scam arrested for fraud

Barrington man charged with Ponzi scheme Chicago Daily Herald A Barrington man has been charged with mail fraud in an alleged Ponzi investment scam dating back several years. … and more

Popular Searches

• spitzer barrington ponzi
• barrington ponzi
• Barrington Ponzi Scheme

Lacey gets 10-year sentence for Ponzi scheme Richmond Times Dispatch Donald C. Lacey, 42, ran a real estate investment scam in the Richmond area involving more than 70 investors and $10 million. … and more

Danville man charged in investment scam sentenced San Jose Mercury News AP OAKLAND, Calif.—A Danville man convicted of defrauding investors out of $62 million in a Ponzi scheme that targeted Korean-Americans has been sentenced … and more

New York Post Teddy bear-loving fraudster Paul Greenwood pleads guilty New York Post Greenwood, who at the time of his arrest was the Republican town supervisor of North Salem in Westchester, today described the scam as “sort of” a Ponzi … and more

Popular Searches

• paul greenwood north salem ny

8 signs an investment adviser might be a con artist InvestmentNews From elaborate Ponzi schemes aimed at celebrity investors, to simple investment scams targeting the elderly, the desperate or the naive, scam artists …

Read more:
8 signs an investment adviser might be a con artist – InvestmentNews

New financial rules ignore our history Chicago Sun-Times This era's Madoff scheme looks suspiciously like the Ponzi scam of the 1920s. The mortgage disaster of our time was made possible by repeal of The Banking … and more

U of M employees fall victim to Ponzi scheme Heritage Newspapers “Bank records indicate that Carpenter got scammed and then set up his own scam . We found fraud within fraud involving working people who were robbed of …

Here is the original post:
U of M employees fall victim to Ponzi scheme – Heritage Newspapers

How Ponzi scheme ripped off feds – and how SEC brought it down Federal Times … 24 filed fraud charges against McLeod's estate, his benefits consulting firm, Federal Employee Benefits Group Inc., (FEBG) and his registered investment … Spotting the signs of a Ponzi scheme Federal Times all 2 news articles

Southland Man Gets 78-Month Term for Real Estate Scam 89.3 KPCC James also used investor money for personal expenses, which included his wedding and an investment in a recording studio and production company called On … El Segundo man gets 6 years in $14.5M Ponzi scheme Daily Breeze Long beach Ponzi scheme leader sentenced to 78 months in prison, $11-million levy Los Angeles Times (blog) all 2 news articles

Telegraph.co.uk Company executive faces jail over £150 million Ponzi scheme Telegraph.co.uk A company executive ran a £150 million international investment scam which left thousands of customers financially ruined, it can be disclosed for the first … and more

LoanSafe Two San Diego Con Men Sent to Prison for Ponzi Schemes LoanSafe SAN DIEGO (LoanSafe.org) – Ponzi schemes are usually financial scams which lure investors to putting large amounts of money into an investment fund. … and more

France24 Goldman Sachs is told to pay creditors $20.6M in Bayou scam case Tampabay.com Goldman Sachs has been ordered to pay $20.6 million to scammed investors who say the investment bank should have known about the Ponzi scheme pulled off by … Goldman told to pay creditors in Bayou scam $20.6M The Associated Press Goldman Sachs ordered to pay $20 million for Bayou Scam Gather.com all 244 news articles

Scars of crisis…Alex update…Goldman Sachs to pay scam victims 9&10 News … that the investment bank should have known about a Ponzi scheme pulled off by the collapsed Bayou Hedge Funds. The fraud totaled about $250 million. … and more

Goldman told to pay creditors in Bayou scam $20.6M The Associated Press NEW YORK — Goldman Sachs has been ordered to pay $20.6 million to scammed investors who say the investment bank should have known about the Ponzi scheme … and more

International Business Times SEC accuses dead fund manager of luring govt. officials into $34 mln Ponzi scheme International Business Times A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, … and more

Don't worry; mutual funds protected from bad advisers Minneapolis Star Tribune Contrast that to this fact: No mutual fund registered under the Investment Company Act of 1940 has ever been exposed as a Ponzi scam . … and more

The Thumb Salt Lake Tribune Fraud college (thumb up) » Ponzi schemes and affinity fraud are endemic to Utah, where crooks use religious affiliation to scam trusting people who share … and more

State: Ponzi scheme in Detroit fleeced investors out of $1.9 million The Detroit News … who defrauded thousands of New England residents in the 1920s with a postage-stamp speculation scam . Consumers who want to check on any check on any … and more

Globe and Mail SEC joins crowd investigating $300mn gold-mining taxation Ponzi scheme Mineweb The SEC became the latest regulatory agency in two nations trying to unwind a complex web of gold mining taxation and investment fraud , which bilked 3000 … $300 Million Ponzi in Gold, SEC Says Courthouse News Service all 35 news articles

ABC News How Scott Rothstein gambled — and lost MiamiHerald.com … the “trappings of wealth'' Rothstein acquired through his $1.2 billion investment scam made his “appearance of legitimacy'' possible to fool everyone. … Another Ponzi Scheme? Seriously? Learning Markets Scott Rothstein Sentenced 50 Years for Ponzi Scheme Artuji (blog) 50 years imprisonment for Scott Rothstein over investment scam fgnpr (press release) (blog) Boston Herald

Another Ponzi Scheme? Seriously? Learning Markets We suggest you all become familiar with a few common scam warning signs, for starters. But we also suggest something else entirely, which is this: have you … and more

Conspiracy Eyed in Madoff Case Newsinferno.com Madoff is now spending 150 years in prison for orchestrating a massive Ponzi scam estimated to have cost duped investors an incomprehensible $65 billion. … and more

Armitage will face trial over $200 million alleged fraud Santa Rosa Press Democrat By Kevin McCallum Former Healdsburg investment adviser Gary Armitage will stand trial for his role in what prosecutors call a massive real estate Ponzi … 2 Northern Calif. investment advisers to stand trial in alleged $200 million … Los Angeles Times 2 Calif men to stand trial in $200M Ponzi scheme Forbes all 109 news articles

National Post Convicted bank robber named in Ponzi scam National Post The Russian-born Mr. Smirnow, whose alleged deceptions as head of the “Pathway-2-Prosperity” investment scheme were previously flagged in 2008 by North … and more

Victims of $3.5 million Ponzi scam 'trusted him implicitly' 9NEWS.com According to Colorado Securities Commissioner Fred Joseph, it was Jeremy Hart, 36, who managed to recruit most of the clients in the investment scheme … and more

New York Daily News 'Madoff for celebrities' charged with cheating stars in £21m Ponzi scam The Guardian A Manhattan investment adviser has been dubbed a “Bernie Madoff for celebrities” after being charged with running a Ponzi scheme using cash looted from a … Uma Thurman and other stars hit by vast Ponzi scheme Hot Momma Celebrity Gossip (blog) Uma's blond fury at Starr New York Post all 72 news articles

New York Times (blog) The Starr treatment: How celeb adviser allegedly got away with it InvestmentNews … the alleged scam . For starters, Mr. Starr and others at SIA apparently had power of attorney or signatory authority over a number of bank and investment … Investment adviser to stars charged in NY Ponzi scam CBC.ca Stars' financial guru charged with fraud AFP Kenneth Starr arrested for 30 million dollars fraud Daily News Engine DNAinfo

Reuters Investment adviser to stars charged in NY Ponzi scam CBC.ca A New York-based investment adviser to celebrity clients, including Sylvester Stallone and Ron Howard, has been arrested for orchestrating a massive Ponzi … Madoff Redux: Starr Advisor To The Stars Charged CBS News Stars' financial guru charged with fraud AFP The Starr treatment: How celeb adviser allegedly got away with it InvestmentNews DNAinfo

Ex-Howland man accused of $7 million fraud Warren Tribune Chronicle The Ohio Division of Securities lists Ponzi schemes as the top investment scam in the state this year. WARREN – A former Howland man is facing a federal … Warren man charged with mail fraud in scam Youngstown Vindicator all 14 news articles

Mortgage fraud Ponzi schemer gets 25 years in prison Atlanta Journal Constitution He also pleaded to a check -kiting scheme involving $1.2 million he obtained from Washington Mutual Bank, prosecutors said. District Judge Timothy C. Batten, …

Read more:
Mortgage fraud Ponzi schemer gets 25 years in prison – Atlanta Journal Constitution

New York Post SECURITIES INVESTOR PROTECTION CORPORATION v. BERNARD L. MADOFF INVESTMENT … Leagle.com In Fisher, the chapter 7 debtors were Thomas W. Collins (“Collins”) and Lake States, the corporation he used to run a fraudulent scam “similar to a Ponzi … Madoff 'death' benefits New York Post all 33 news articles

Fort Collins man gets 32 years for Ponzi scheme ReporterHerald.com … Dickman A Weld County judge on Tuesday sentenced a former Fort Collins man to 32 years in prison and $5 million in restitution for an investment scam . … and more

Broward New Times (blog) Scott Rothstein associate pleads not guilty to money-laundering MiamiHerald.com She became the first alleged co-conspirator named in Rothstein's investment scam . He pleaded guilty to racketeering charges in January. … Ex-Exec at Fla. Law Firm Charged in Ponzi Scheme ABC News all 173 news articles

SoCal Man Used Prayer Meetings In $65M Ponzi Scam CBS 2 “It's a predator investment fraud scheme except the difference between him and Bernie Madoff is he targeted working-class families right here in Los Angeles … Prison Sentence for $62 Million Ponzi Scheme that Defrauded 2300 Ethiopian Review all 10 news articles

State Investigates alleged Ponzi scheme 9NEWS.com State Securities Commissioner Fred Joseph says this could be one of the largest investment scams in state history. Late last week, a judge decided to freeze … and more

Ex-Duncan CEO pleads guilty to charges tied to $4M Ponzi St. Louis Business Journal During the scam , Duncan received investment principal from more than 50 investors who ultimately lost a total of approximately $3.9 million, … and more

SoCal man to be sentenced for $62m investment scam San Jose Mercury News AP LOS ANGELES—A Southern California man could face up to 27 years behind bars for a real estate investment scam that reaped more than $62 million from … SoCal man could get 27 years in real estate scam Daily Breeze Huntington Park man who headed Ponzi scheme to be sentenced today The Desert Sun all 26 news articles

2 Colorado men indicted in alleged Ponzi scheme Denver Post Wayde and Donna McKelvy, whose Centennial-based Speed of Wealth allegedly raised $30 million in an investment scam . • Philip R. Lochmiller of Grand Junction … and more

US charges Miami sports donor with $900 million fraud Reuters MIAMI/WASHINGTON (Reuters) – US authorities on Wednesday accused a Miami Beach, Florida, businessman of allegedly running a $900 million investment scam in … SEC charges Miami schemer in massive Ponzi CNNMoney all 151 news articles

Men indicted in alleged local Ponzi schemes Seattle Post Intelligencer In October, Miracle, 49, will be sentenced in US District Court for mail fraud and tax evasion after taking more than $20 million in an investment scam . … and more

Special Report: Sweethearts in crime Washington Post Some of the alleged scams authorities have busted in the past year include a Ponzi scheme targeting Cuban-Americans in Miami and a fraudulent investment … and more

20 alleged victims come forward in $500000 Ponzi scheme Victoria Times Colonist … an investment company she set up. Fortuna-St. John was sentenced to a three-year prison term. Stuebing will be arraigned on 17 counts of fraud over … and more

ASIC alleges millions lost in Ponzi scheme Sydney Morning Herald SCORES of investors, many from Melbourne, are believed to have lost millions of dollars in a ''ponzi'' investment scheme that promised preposterous returns … Assets frozen over allleged Ponzi-style scam ABC Local Federal Court freezes $14.6m in assets over alleged Ponzi scheme, says ASIC The Australian all 14 news articles

New R73m Ponzi scam in KZN Independent Online From professors to pensioners, thousands of people lured by promises of a 30 percent monthly return on their investments ploughed R73-million into a …

Follow this link:
New R73m Ponzi scam in KZN – Independent Online

Indictments leveled in Ponzi case Concord Monitor … high interest payments on investments in their real estate and construction deals. But the operation was really a massive scam , federal authorities say, … and more

Belleville News Democrat TRENTON: Man admits investment scam St. Louis Post-Dispatch A man accused of targeting the elderly with an investment scam pleaded guilty to mail fraud and money laundering charges Thursday. … Trenton man pleads guilty to $1.9 million Ponzi scheme Belleville News Democrat all 16 news articles

Vallejo man pleads guilty in $15M investment scam San Diego Daily Transcript (subscription) VALLEJO, Calif. (AP) — A Vallejo man accused of bilking investors out of $15 million in a Ponzi scheme has pleaded guilty to one count of wire fraud. … and more