Archive for February 22nd, 2012

BULLETIN: SEC Says California Man Was Running THREE Ponzi Schemes — One Of Them Allegedly Duped Investors Into Believing They Were Funding FedEx Distribution Facility In Las Vegas

BULLETIN: SEC Says California Man Was Running THREE Ponzi Schemes -- One Of Them Allegedly Duped Investors Into Believing They Were Funding FedEx Distribution Facility In Las Vegas

BULLETIN: The SEC has gone to federal court in the Southern District of California, alleging that Steven L. Hamilton of Carlsbad was running three Ponzi schemes through three companies he set up “to solicit unsuspecting investors.” Hamilton is 42, the SEC said. One of the offers allegedly duped people into believing they were investing in […]

VANCOUVER SUN: Investors From At Least 3 Countries Plowed Millions Into Scheme That Has Led To Suspension Of British Columbia Notary Public; Ponzi Probe Triggers Questions About Overlooked Red Flags And Lack Of Due Diligence By Salesman

VANCOUVER SUN: Investors From At Least 3 Countries Plowed Millions Into Scheme That Has Led To Suspension Of British Columbia Notary Public; Ponzi Probe Triggers Questions About Overlooked Red Flags And Lack Of Due Diligence By Salesman

EDITOR’S NOTE: Some investors in Canada, the United States, the United Kingdom and potentially elsewhere got an unpleasant Valentine’s Day surprise when they learned that an investment scheme into which they had plowed millions of dollars was under investigation by the British Columbia Securities Commission (BCSC) in Canada. In the early stages of the probe, […]