Tag: Elder Fraud

ponzi scheme
News

SEC Charges Former Real Estate Executive With Misappropriating $26 Million in Ponzi Scheme

The Securities and Exchange Commission today charged the former president of a Marin, California real estate development and management company with operating a fraudulent seclaw.com/glossary/ponzi-scheme/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>Ponzi scheme and misappropriating over $26 million from more than 1,300 investors – many of whom were elderly and retired. According to the SEC’s complaint, from September […]