BULLETIN: Feds Say New York Man Was Running $50 Million Real-Estate Ponzi Swindle; Gershon Barkany Arrested By FBI
BULLETIN: A man in the Far Rockaway section of the New York City Borough of Queens was running a $50 million real-estate Ponzi swindle that duped investors into believing they were investing in a “risk-free” flipping scheme involving large properties in New York and New Jersey, federal prosecutors said. Gershon Barkany, 29, was arrested today […]
BULLETIN: 6-Time Felon Sentenced To 12 Years In Ponzi Scheme; Anthony Ray Will Serve ‘Every Day Of His . . . Sentence,’ Georgia Prosecutors Say
BULLETIN: A six-time felon who hatched a real-estate Ponzi scheme and swindled a dozen investors out of $660,000 has been sentenced to 12 years in a Georgia state prison, the office of DeKalb County District Attorney Robert James said. Anthony Ray ripped off his own flesh and blood and met some of his victims at […]
BULLETIN: SEC Says Utah Scammers Funneled Money To 2 Ponzi Schemes; Christopher A. Seeley, Justin G. Dickson Accused Of Conducting Offering Fraud That Raised Millions
BULLETIN: The SEC has gone to federal court to accuse two Utah men of conducting a $7.9 million offering fraud in which money that flowed from investors was used to prop up two Ponzi schemes. Named defendants were Christopher A. Seeley, 36, of Herriman, and Justin G. Dickson, 35, of Salt Lake City. The offering […]