loan participation scheme

PP Blog Tag archives on references to "loan participation scheme."

BULLETIN: Minnesota Ponzi Scheme Bilked Banks Of $80 Million, Feds Say; Corey N. Johnston Charged With Bank Fraud, Tax Crime

BULLETIN: Minnesota Ponzi Scheme Bilked Banks Of $80 Million, Feds Say; Corey N. Johnston Charged With Bank Fraud, Tax Crime

Another spectacular Ponzi case has emerged in Minnesota just months after federal prosecutors charged Trevor Cook in an alleged $190 million scam and Tom Petters was convicted in a $3.65 billion scam. Charged in a new scheme today was Corey N. Johnston of Lakeville, a Minneapolis suburb. The Minneapolis/St. Paul region also is the home […]