Search Results for: "Ponzi scheme"
SEC charges Lewis Wallach, ex-CEO of Professional Financial Investors with operating a Ponzi scheme
Lewis Wallach, the former chief executive of Professional Financial Investors, Inc. (PFI) has been charged with operating a…
By – Marivic Cabural Summers
SEC Ends Ponzi Scheme Targeting U.S. Military Service Members
The Securities and Exchange Commission (SEC) halted a Ponzi scheme perpetrated by a Colorado man defrauding investors including…
By – Marivic Cabural Summers
PONZI SCHEME: 1st Million LLC, Smart Partners LLC face charges for defrauding 1.2K investors
The Securities and Exchange Commission (SEC) filed charges against two Maryland companies and their principals for allegedly defrauding…
By – Marivic Cabural Summers
Alan Hansen 7th person to plead guilty in $2.5B DC Solar Ponzi scheme
On Thursday U.S. Attorney McGregor W. Scott announced the guilty plea of Alan Hansen, 49, of Vacaville, California.…
By – Jackie Allen
SEC charges former Georgia state legislator Dean Alford in Ponzi scheme
The Securities and Exchange Commission (SEC) filed a complaint against Clarence Dean Alford, a former legislator and a…
By – Marivic Cabural Summers
SEC stops California investment adviser’s Ponzi scheme targeting seniors
The Securities and Exchange Commission (SEC) stopped an investment adviser and his entities’ Ponzi scheme targeting senior citizens…
By – Marivic Cabural Summers
SEC charges New York investment adviser for operating a multimillion-dollar Ponzi scheme
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against New York investment adviser for allegedly operating…
By – Cedric Dent
SEC Sued Former Woodbridge Directors Involve In Massive Ponzi Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against two former directors of investments at Woodbridge Group…
By – Catherine Davis
Over $1 Billion Obtained From Seniors in Ponzi Scheme
A judge with the United States District Court Southern District of Florida ordered Woodbridge Group of Companies to…
By – Catherine Davis