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March 4, 2026

IIG Managing Partner pleads guilty to Ponzi-like scheme

Business April 11, 2022

Former IIG Managing Partner David Hu gets 12 years jail time for defrauding $120 million from investors

David Hu, the former managing partner of International Investment Group (IIG) was sentenced to 12 years in prison for his…

By Marivic Cabural Summers

Ponzi scheme

Business October 29, 2021

SEC sued BNZ One Capital and its co-founders for operating a Ponzi-like scheme

The Securities and Exchange Commission (SEC) filed a lawsuit against BNZ One Capital for allegedly operating a Ponzi-like scheme. The…

By Marivic Cabural Summers

uBiome founders face fraud charges

America February 4, 2021

Ponzi Scheme: GPB Capital, CEO David Gentile Sued for Defrauding $1.7B from 17,000 Investors

The Securities and Exchange Commission (SEC) filed a lawsuit against GPB Capital and its CEO and owner, David Gentile for…

By Marivic Cabural Summers

IIG Managing Partner pleads guilty to Ponzi-like scheme

Business January 29, 2021

International Investment Group (IIG) Managing Partner David Hu Pleads Guilty in Over $100M Ponzi-Like Scheme

The Managing Partner and Chief Investment Officer (CIO) of International Investment Group (IIG) pleaded guilty to defrauding clients and investors…

By Marivic Cabural Summers

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