Tag: Mahmut Erhan Durmaz
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Now, A ‘Turkish Bonds’ Ponzi Scheme Aimed At Retirees, Feds Say; 2 Men Charged In Illinois — And 1 Man Is ‘Fugitive’
EDITOR’S NOTE: This may be one for your “Bubba Blue” notebook on how to have your Ponzi scheme. A principal of USA Retirement Management Services and a pitchman have been charged in an alleged $28 million fraud scheme involving nonexistent “Turkish bonds” and targeted at senior citizens and “individuals with substantial savings,” federal prosecutors in…