Archive for January 14th, 2010

Montana Broker Arrested In Alleged Ponzi; Authorites Say Arthur L. Heffelfinger Stole From 90-Year-Old Client With Dementia

Montana Broker Arrested In Alleged Ponzi; Authorites Say Arthur L. Heffelfinger Stole From 90-Year-Old Client With Dementia

Arthur Leroy Heffelfinger has been arrested in Montana on a felony charge of exploitation of an older person amid allegations he raided the account of a woman in her 90s to sustain a Ponzi scheme he had been operating for years. Heffelfinger, 63, of East Helena, also was charged with a felony count under Montana […]

Former Talk-Radio Host Gregg Rennie Pleads Guilty In Ponzi Scheme; Weizhen Tang Arrested At Toronto Airport

Former Talk-Radio Host Gregg Rennie Pleads Guilty In Ponzi Scheme; Weizhen Tang Arrested At Toronto Airport

A Massachusetts man accused of targeting senior citizens and people of faith — and fleecing millions of dollars from them in a Ponzi scheme — has pleaded guilty. Meanwhile, Canadian-citizen and Ponzi-scheme suspect Weizhen Tang, the self-described  “Chinese Warren Buffet,” was arrested last night at Pearson International Airport in Toronto. Tang was taken into custody […]

Records Suggest Cook/Kiley Firms Owned At Least 12 Large-Screen TVs And Beer-Dispensing Equipment

Records Suggest Cook/Kiley Firms Owned At Least 12 Large-Screen TVs And Beer-Dispensing Equipment

In a case that already has featured assertions that alleged Minnesota Ponzi schemer Trevor Cook purchased a submarine on eBay to access his private island in Canada, the receiver in the case has filed papers that suggest Cook also had an affinity for large-screen TV sets. Receiver R.J. Zayed listed 10 TV sets with 50-inch […]