Ponzi scheme
2 NC Men Face About 5 Years Each For Ponzi Schemes
Two Charlotte men will spend about five years each in federal prison after running separate Ponzi investment schemes that prosecutors say collected a total of more than $6 million.
SEC Filing Charges Against NC Man’s $600M Ponzi Scheme
Federal securities regulators have filed fraud charges and an emergency order to freeze the assets of a North Carolina company officials say operated a $600 million Ponzi scheme that is on the verge of collapse.
NC Man Gets 50 Years In Ponzi Scheme
CHARLOTTE, N.C. (AP) — An Ashe County man has been sentenced to 50 years in prison for his role in a Ponzi scheme that prosecutors say had more than 400 victims.
Almost $20 Million Awarded To Victims Of ‘Hebrew Boys’ Ponzi Scheme
About $19 million in 3,800 restitution checks was distributed to victims of the $82 million Ponzi scheme operated by the “Three Hebrew Boys.”
