NASCAR Ponzi
PP Blog Tag archives on references to "NASCAR Ponzi."
UPDATE: Eliott Jay Dresher, the California man whose Ponzi scheme traded on the famous racing brand of NASCAR, now faces up to 20 years in federal prison after pleading guilty in Los Angeles to mail fraud. Dresher, 64, of Chatsworth, was jailed in December 2009 in a case brought by the FBI and the U.S. […]
EDITOR’S NOTE: The briefs below summarize recent developments in Ponzi cases or actions in new Ponzi cases. Sentenced: Matthew B. Pizzolato, 26, Tickfaw, La. Ripped off senior citizens in Ponzi scheme. In sentencing Pizzolato to 30 years in federal prison, U. S. District Judge Lance M. Africk said Pizzolato “stole from hard working Americans†and […]