FINRA Issues Alert On ‘Green Energy’ Scams In Wake Of SEC’s Ponzi Allegations Against Mantria/Speed Of Wealth
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As the year of the Ponzi scheme comes to a close, the Financial Industry Regulatory Authority has issued an Investment Alert warning the public about a relatively new form of fraud: “green energy investments” that trade on investors’ affinity for keeping the planet clean. Such schemes “promise large gains from investing in companies purportedly involved […]
Judge Enters Injunction Against Mantria/Speed Of Wealth Figure Donna McKelvy In ‘Green’ Ponzi Scheme Case; Speed Of Wealth Website Goes Missing
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A federal judge has issued an order that enjoins Speed of Wealth principal Donna McKelvy from breaking securities laws and disgorges her ill-gotten gains from the alleged Mantria Corp./Speed of Wealth Ponzi scheme. McKelvy, 43, of Parker, Colo., consented to the order without admitting or denying the allegations in a complaint filed by the SEC […]
BREAKING NEWS: SEC Charges Four Individuals, Two Companies In Alleged ‘Green’ Ponzi Scheme; Former President Clinton Acknowledged Firm’s Commitment To Environment At Major New York Event In September
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It what may become an embarrassment to President Obama, Former President Clinton and Secretary of State Hillary Clinton, a man the SEC now says was operating a $30 million Ponzi scheme appeared alongside President Clinton at the 5th Annual Meeting of the Clinton Global Initiative (CGI) in New York Sept. 25. Obama’s name and the […]