Archive for December 16th, 2009

PONZI ADVOCATES’ NIGHTMARE: Victims Line Up To Address Judge Who Will Sentence California Man In ‘Offshore’ Scheme; Jeffrey Gordon Butler Faces Up To 300 Years In Prison

PONZI ADVOCATES' NIGHTMARE: Victims Line Up To Address Judge Who Will Sentence California Man In 'Offshore' Scheme; Jeffrey Gordon Butler Faces Up To 300 Years In Prison

EDITOR’S NOTE: As you’re reading this story, keep in mind that the Ponzi scheme “industry” actually has advocates who advance the theory that all commerce should operate under the principle of caveat emptor (“let the buyer beware”), that the government should not be empowered to “interfere” with “commerce” and that “offshore” options are the best. […]

SEC Moves To Smash Alleged Advertising Ponzi Scheme In California; Agency Charges Dean P. Gross, Gregory W. Laser

SEC Moves To Smash Alleged Advertising Ponzi Scheme In California; Agency Charges Dean P. Gross, Gregory W. Laser

Two California men have been charged with securities fraud by the SEC in an emergency court action that alleged they pushed a Ponzi scheme that collected more than $18 million. Investors were duped into believing that a company known as Bridon Entertainment bought advertising space in bulk and resold it at a substantial profit to […]