Archive for November 30th, 2010

PROMISSORY NOTES SCAM: Feds Bust Another Alleged ‘Wholesale’ Business; Jenifer Devine Faces Wire Fraud Charge In Ponzi Case Brought By Obama Task Force; ‘Wholesale Business Was Wholesale Fraud,’ U.S. Attorney Says

PROMISSORY NOTES SCAM: Feds Bust Another Alleged 'Wholesale' Business; Jenifer Devine Faces Wire Fraud Charge In Ponzi Case Brought By Obama Task Force; 'Wholesale Business Was Wholesale Fraud,' U.S. Attorney Says

The FBI has arrested Jenifer Devine, saying the Fair Lawn, N.J., woman was operating a promissory notes Ponzi¬† scheme through a purported wholesale business that claimed to sell clothing and electronics. Similar charges were brought earlier this year in New Jersey against Nevin Shapiro. Prosecutors said Shapiro, who has pleaded guilty, was running an $880 […]

BULLETIN: Federal Judge Signs Order That Bars Convicted Attorney Gregory Bartko From Representing Defendants In ‘Billionaire Boys Club’ Ponzi Case In Michigan

BULLETIN: Federal Judge Signs Order That Bars Convicted Attorney Gregory Bartko From Representing Defendants In 'Billionaire Boys Club' Ponzi Case In Michigan

BULLETIN: John Bravata, the subject of the “Billionaire Boys Club” Ponzi scheme case in Michigan brought by the SEC, will have to go shopping for a new attorney. U.S. District Judge David M. Lawson of the Eastern District of Michigan has barred Atlanta-based attorney Gregory Bartko from representing Bravata, citing Bartko’s conviction earlier this month […]