EIMT

PP Blog Tag archives on references to "EIMT."

Judge Calls Ponzi Schemer Who Raised Conspiracy Theory His Attorney Was Working With The Government A Liar, Sentences Him To 16 Years In Federal Prison

Judge Calls Ponzi Schemer Who Raised Conspiracy Theory His Attorney Was Working With The Government A Liar, Sentences Him To 16 Years In Federal Prison

Anthony Vassallo pulled a page from Ponzi schemer Andy Bowdoin’s playbook when he advanced a conspiracy theory that his own defense counsel was working with the government to sell him down the river. It didn’t work for Bowdoin, the 78-year old recidivist securities fraudster now serving a 78-month prison term after claiming he’d been “hoodwinked” […]

TIMES OF INDIA: Accused Ponzi Schemer Allegedly Became Target Of Kidnapping Plot And Was Held By ‘Armed Men’

TIMES OF INDIA: Accused Ponzi Schemer Allegedly Became Target Of Kidnapping Plot And Was Held By 'Armed Men'

The Times of India is reporting that accused Ponzi schemer Imtiyaz Hussain Saiyad allegedly was kidnapped by three people who wanted their money back and “held for over a week” by “armed men” before being rescued by police. Such schemes are not unprecedented in scam land. The PP Blog reported in February 2010 that three […]

UPDATE: Ponzi ‘Shakedown’ Suspects Who Impersonated Federal Agents Get 6 Months’ Home Detention And Are Placed On Probation For 2 Years

UPDATE: Ponzi 'Shakedown' Suspects Who Impersonated Federal Agents Get 6 Months' Home Detention And Are Placed On Probation For 2 Years

Three people charged with conspiring to impersonate federal agents in a bid to rattle the nerves of a Ponzi scheme suspect and recover money have been sentenced to 180 days of home confinement and placed on federal probation for two years. A fourth defendant in the shakedown scheme avoided a sentence of home confinement but […]

3 Plead Guilty In Bizarre Shakedown Bid In Anthony Vassallo/EIMT Ponzi Case; 1 Pleads To Conspiracy To Impersonate An Officer

3 Plead Guilty In Bizarre Shakedown Bid In Anthony Vassallo/EIMT Ponzi Case; 1 Pleads To Conspiracy To Impersonate An Officer

Three individuals who attempted to shake down the operators of a hedge fund associated with the alleged Equity Investment Management and Training Inc. (EIMT) Ponzi scheme have pleaded guilty in California for their roles in the shakedown bid. Craig Anderson, 39, of Chicago, pleaded guilty to conspiracy to impersonate a federal officer and employee; Cassandra […]

BREAKING NEWS: California Man Expected To Enter Guilty Plea In Ponzi And Affinity-Fraud Scam; Kenneth Kenitzer May Face Up To 30 Years In Prison; Case Features Charge That A Vigilante Tried To Shake Down Business To Get Refunds For Investors

UPDATED 6:51 P.M. EDT (U.S.A.) Kenneth Kenitzer of Pleasanton has become the most recent senior citizen to face significant jail time for his actions in a Ponzi and affinity fraud scheme. The California Ponzi fleeced investors and churchgoers out of at least $40 million, authorities said. Kenitzer, 66, is expected to plead guilty “in the […]