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Ponzi Schemes


Fla. man pleads guilty to online Ponzi scheme - Fox News

Fla. man pleads guilty to online Ponzi scheme
Fox News
WASHINGTON – A Florida man who authorities say duped thousands of investors and misled them about his background pleaded guilty Friday to running an Internet-based Ponzi scheme that raised more than $110 million. Thomas A. Bowdoin Jr., 77, of Quincy, ...

and more »

Fooled by pal Petters, restaurateur now bankrupt - Minneapolis Star Tribune

Minneapolis Star Tribune

Fooled by pal Petters, restaurateur now bankrupt
Minneapolis Star Tribune
Minneapolis restaurateur Dean Vlahos filed for Chapter 7 as a result of his association with Ponzi schemer Tom Petters. They were best of buddies, mates, as the British would say. Tom Petters and Dean Vlahos laughed together and anguished together.

and more »

US Supreme Court says it won't review Minn. businessman's conviction in $3.65B ... - Washington Post

US Supreme Court says it won't review Minn. businessman's conviction in $3.65B ...
Washington Post
In documents made public Tuesday, the nation's highest court denied Petters' request to review his 2009 conviction on charges he orchestrated a $3.65 billion Ponzi scheme. Petters' attorney Jon Hopeman says he wasn't surprised by the court's decision, ...

and more »

Bronx taxman charged in Ponzi scheme hit with $35M civil lawsuit - New York Daily News

New York Daily News

Bronx taxman charged in Ponzi scheme hit with $35M civil lawsuit
New York Daily News
Van Zandt - owner of The Van Zandt Agency, a Westchester Square tax preparation firm - was indicted Monday for allegedly running a $4.6 million Ponzi scheme that swindled dozens of local investors, including retirees. The criminal charges cover money ...
NY AG files civil suit against tax preparer for alleged Ponzi schemeLegal News Line

all 2 news articles »

Perla's Prediction Holds True: "Facebook is a Ponzi Scheme" - Forbes

Perla's Prediction Holds True: "Facebook is a Ponzi Scheme"
Forbes
But mostly, it came from entrepreneur Joseph Perla's eye opening essay “Facebook is a Ponzi Scheme” in January 2011. This prescient essay outlines all the current IPO-related criticism of Facebook and it did it way before anyone else.

and more »

Ponzi scheme duo featured on 'America's Most Wanted' caught - USA TODAY

USA TODAY

Ponzi scheme duo featured on 'America's Most Wanted' caught
USA TODAY
(AP) – An Illinois couple who spent a dozen years on the run after fleeing a conviction for running a Ponzi scheme has been captured in a small community west of Phoenix, the US Marshals Service said Sunday. Handout via AP This composite image of ...
Illinois Ponzi scheme fugitives caught in ArizonaAtlanta Journal Constitution

all 628 news articles »

SEC Sues Over $50 Million Ponzi Scheme - Courthouse News Service

NJ.com

SEC Sues Over $50 Million Ponzi Scheme
Courthouse News Service
By BARBARA LEONARD NEWARK, NJ - A New Jersey man was indicted and charged by the Securities and Exchange Commission for allegedly operating a $50 million Ponzi scheme. Between 2006 and 2009, David Connolly offered more than 200 investors shares in at ...
SEC Enforcement Roundup: Real Estate Ponzi Scheme; Hawaiian Boiler RoomAdvisorOne
Multi-Million-Dollar Real Estate Ponzi Schemer Indicted for Fraud and Money ...7thSpace Interactive (press release)
Former Connolly Properties CEO indicted in 16-count federal fraud caseMyCentralJersey.com
Financial Advisor Magazine -The Real Estate Media
all 9 news articles »

Can Coffman, Who Supports Personhood and Calls Social Security a Ponzi Scheme ... - Huffington Post (blog)

Can Coffman, Who Supports Personhood and Calls Social Security a Ponzi Scheme ...
Huffington Post (blog)
I told Ciruli that I hadn't seen any polling either, but I did notice that Coffman repeatedly called Social Security a "Ponzi scheme," that he supported Colorado's personhood amendment, that he wanted to pull the Peace Corps out of China, ...

and more »

Ponzi Scheme wins spills-marred Decathlon Stakes at Monmouth Park, as injuries ... - The Star-Ledger - NJ.com

The Star-Ledger - NJ.com

Ponzi Scheme wins spills-marred Decathlon Stakes at Monmouth Park, as injuries ...
The Star-Ledger - NJ.com
Elvis Trujillo, seeking his third riding title in four years, captured the featured $75000 Decathlon Stakes aboard 12-1 Ponzi Scheme — his fourth winner on the card — in a race that saw only three horses finish. “It's amazing no one got hurt,” said ...
Ponzi Scheme wins spill-marred Monmouth featureNECN
Monmouth opening day sees increases; Ponzi Scheme takes spill marred DecathlonBrisnet.com
Horses, jockeys escape injury in feature race accident at Monmouth ParkDailyrecord.com

all 36 news articles »

Texas Hold Em ponzi scheme victims settle out of court - New York Post

Texas Hold Em ponzi scheme victims settle out of court
New York Post
By DAVID K. LI Several high-roller Hollywood poker players won't have to show their hands, thanks to an out-of-court settlement with victims of a card-loving Ponzi schemer. Investors, taken to the cleaners by convicted con man Bradley Ruderman, ...

and more »


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