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Tag: Florida Ponzi schemes

BULLETIN: In New ‘Advertising’ Ponzi-Scheme Takedown, SEC Points To YouTube Video Allegedly Used By Scammers To Drive Sales — And Feds File Criminal Charges

Updated 2:45 P.M. EDT (April 16, 2014) The SEC has sued the operators of an alleged Ponzi scheme in Florida — and federal prosecutors have filed criminal charges. In its announcement of the prosecution against Joseph Signore of West Palm Beach and Paul L. Schumack II of Pompano Beach, the SEC provided a link to…

Apr 8, 2014
BULLETIN: Florida Woman Sued Civilly, Charged Criminally In Alleged Ponzi- And Affinity-Fraud Scheme Targeted At Colombian-Americans

BULLETIN: The SEC has sued a Florida woman, amid allegations she swindled Colombian-Americans and other Colombians in a $4 million Ponzi scheme that duped investors into believing her purported “immigration bail bonds” program was backed by the FDIC and an “investment broker” later blamed for payout delays. The woman — Jenny E. Coplan of Tamarac…

Sep 30, 2013
BULLETIN: George Theodule, HYIP Ponzi Huckster Identified In 2008 By SEC, Arrested On Criminal Charges

George Louis Theodule, identified by the SEC in a 2008 civil case as a multimillion-dollar Ponzi huckster and affinity fraudster largely targeting the Haitian community through so-called “investment clubs,” now has been arrested on criminal charges, federal prosecutors in the Southern District of Florida said. Investors were duped into believing Theodule’s HYIP “program” through entities…

Aug 26, 2013
ANOTHER ALLEGED SENIOR SCAMMER: Leonard Ansill, 77, Booked At Palm Beach County Jail On Ponzi Charges

Leonard Ansill, a 77-year-old resident of Jupiter Farms, Fla., has become the latest senior citizen accused of swindling investors in a Ponzi scheme — this one of the real-estate variety. Ansill’s booking sheet at the jail shows he is being held on seven criminal charges, including multiple counts of grand larceny. One of his alleged…

May 10, 2013
Convicted Ponzi Schemer Andy Bowdoin Of AdSurfDaily Now Listed As Inmate In Florida Federal Prison [UPDATED FEB. 8]

EDITOR’S NOTE: This post originally was published Jan. 24 at 7:33 p.m. It was updated Feb. 8 to include this editor’s note reflecting that Andy Bowdoin now is listed as an inmate at the federal prison camp in Pensacola, Fla. (Pensacola FPC.) The original story published Jan. 24 appears below and includes some edits to…

Feb 8, 2013
BULLETIN: SEC: Purported ‘Trust’ Was $15 Million Prime-Bank Ponzi Swindle Operated By Two 70-Year-Olds; 1 Of The Accused Hucksters Has Prior Conviction For Trafficking Cocaine; Investors Were Told ‘Department Of Homeland Security’ Was A Customer And That The Devil Was Behind The Adage, ‘If It Sounds Too Good To Be True . . .”

EDITOR’S NOTE: They don’t come any weirder than prime-bank swindles — and this one is one of the strangest we’ve ever reported on. UPDATED 8:19 A.M. ET (NOV. 20, U.S.A.) Two individuals — both now 70 — conducted a prime-bank Ponzi swindle known as “the Trust” since at least 2004, the SEC said late this…

Nov 19, 2012
2 South Florida Sisters Charged In Alleged Ponzi Caper Reportedly Married To Foreclosure-Rescue Businesses

South Florida sisters Odalis Freixa and Marisela Gamez are listed as inmates held by the Miami-Dade Corrections and Rehabilitation Department on charges of grand theft, organized scheme to defraud and conspiracy. Freixa is 48, according to jail records. Gamez is 49. Citing Miami-Dade Police documents, NBCMiami is reporting that investigators believe the alleged scam was…

Oct 22, 2012
UNBELIEVABLE: Now, An ‘Astrology-Based Ponzi Scheme,’ SEC Says; ‘Trading Strategies Were Based On Lunar Cycles And . . . Gravitational Pull Between Earth And The Moon’

“Persaud preyed on people who trusted him by promising high and steady returns while hiding his unconventional trading strategy. When Persaud blatantly lied to investors and hid their losses through a Ponzi scheme, he should have known that an SEC enforcement action was in the stars.” — Eric I. Bustillo, director of the SEC’s Miami…

Jun 21, 2012
URGENT >> BULLETIN >> MOVING: Andy Bowdoin Jailed After Bond-Revocation Hearing; AdSurfDaily President In Federal Custody

URGENT >> BULLETIN >> MOVING: (UPDATED 6:23 P.M. EDT U.S.A.) AdSurfDaily President Andy Bowdoin — the confessed author of a $110 million online Ponzi scheme — was jailed at the conclusion of a bond-revocation hearing in Washington today. Bowdoin is being detained at a local Department of Corrections facility in the District of Columbia, the…

Jun 12, 2012
UPDATE: ‘OneX’ Site Has Been Down For Days

Retooling as it hatches a plan to launch anew? Huddling with its mysterious lawyer because the U.S. Department of Justice called it a “fraudulent scheme” and “pyramid” pushed by an accused felon awaiting trial in his Ponzi scheme case? The website of “OneX” has been displaying an “under maintenance” message for days. The development occurs…

Jun 4, 2012
REPORT: Ponzi Pitchman Found Dead In Florida Of Apparent Suicide

Daniel Joseph Sebastian, accused last year by the SEC of being a pitchman for the James D. Risher Ponzi scheme, has been found dead in Florida of an apparent suicide, The Ledger.com is reporting. Risher, a 61-year-old recidivist felon last living in Sanibel, Fla., pleaded guilty to Ponzi-related offenses last year and was sentenced to…

Apr 9, 2012