Search Results | Showing 41 - 50 of 68 results for "Ponzi" |
| | | ... argued, are not as liquid as they seem. "It's been an easy and cheap investment for a long time; it's a bit like a Ponzi scheme, the more money that comes in, the more it looks like a good idea," he said. "I think what you will find is that if ... |
| | | | A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ... |
| | | | ... out purported profit distributions to some investors. The SEC referred to the way in which some investors were paid as a "Ponzi-like fashion". "As alleged in our complaint, Griffithe and Russell exploited popular interest in the cannabis industry to ... |
| | | | ... restraining order and asset freeze against Courtright. It is alleging that The Income Store was, for all intents and purposes, a Ponzi scheme. The scheme apparently raised about US $75 million for more than 500 investors. Courtright and his company promised ... |
| | | | ... August of this year former financial adviser Dawn Bennett was sentenced to 20 years in prison for running a $30 million Ponzi scheme. She defrauded 46 retirees out of their life savings between 2014 and 2017, believing they were investing in luxury sportswear ... |
| | | | Small business owners and seniors in Florida have been the victim of a tropical themed Ponzi scheme that is now under investigation by the US Securities and Exchange Commission. The SEC announced that it has filed an emergency action and obtained a ... |
| | | | A New York investment adviser named Ruless Pierre allegedly operated a Ponzi scheme that unlawfully obtained more than $2 million from investors who were told they'd see returns of 20% every two months. Part of the scheme, known as the Amongst Friends ... |
| | | | ... week sentenced to 20 years in federal prison for her conviction on 17 charges relating to a $29.3 million (US$20 million) Ponzi scheme. In October 2018, Bennett was found guilty of conspiracy, securities fraud, wire fraud, bank fraud and making false ... |
| | | | A ponzi scheme run by a 22-year old out of a college fraternity house in the United States has copped the regulator's ire. Syed Arhan Arbab collected more than $269,000 from at least eight college students, recent graduates, or their family members ... |
| | | | A ponzi-style investment scheme that defrauded Collingwood Magpies fans out of more than $800,000 has seen one man convicted on dishonesty charges while his wife is already serving time for fraud offences. Douglas Johnston was found guilty on nine dishonesty ... |
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