Tag: Ponzi Scheme

Investors News

January 2022 Ponzi Schemes

From Kathy Bazoian Phelps’ seclaw.com/glossary/ponzi-scheme/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>Ponzi Scheme Blo. The reported stories reflect at least 5 new Ponzi schemes worldwide, 3 guilty pleas, more than 48 years of prison sentences, and an average age of approximately 47 for the alleged Ponzi schemers. https://www.linkedin.com/feed/update/urn:li:activity:6895247004092514304

Investors Primer

What is a Ponzi Scheme

A seclaw.com/glossary/ponzi-scheme/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns […]

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Investors

Victims of $102 Million Ponzi Scheme

The Securities and Exchange Commission filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S. According to the SEC’s press release, the defendants defrauded more than 600 investors through sales of securities in issuers they controlled, […]