Tag: Stephen J. Donell
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Man, 79, Becomes Fugitive In Ponzi Scheme Case; Gerald J. Berke Wanted By FBI In Alleged $81 Million Caper
It is not unusual for senior citizens to operate Ponzi schemes — and here is another alleged example. Gerald J. “Jerry” Berke, 79, is wanted by the FBI for an alleged Ponzi caper in the Los Angeles area that fleeced about 500 investors out of more than $81 million, the agency said. Berke will turn…