Tag: U.S. District Judge Christine M. Arguello

BULLETIN: Mantria Ponzi Scheme Pitchmen Hit With Millions Of Dollars In Disgorgement And Penalties — And Principals Ordered To Pay Tens Of Millions

BULLETIN: Two pitchmen for the Mantria Corp. “green” Ponzi scheme have been ordered to pay millions of dollars in disgorgement and penalties, including a purported wealth coach who advised people who contacted him after the 2009 collapse of Mantria to join the Trump Network MLM “opportunity.” Mantria purportedly was an environmentally friendly investment opportunity. In…

Sep 18, 2012
URGENT >> BULLETIN >> MOVING: Judge Declares Mantria Corp. A ‘Smoke And Mirrors’ Ponzi Scheme, Says Troy Wragg And Amanda Knorr-Led Firm Acted With ‘Sociopathic Greed’; Defendants ‘Shamelessly’ Raised $54.5 Million Through ‘Blatant Lies’

URGENT >> BULLETIN >> MOVING: Using direct, no-nonsense language, U.S. District Judge Christine M. Arguello has ruled Mantria Corp. a Ponzi scheme that operated with “sociopathic greed” to defraud investors of millions of dollars. Some investors were encouraged to drain equity in their homes to invest with Mantria, according to the ruling. The ruling was…

Aug 8, 2011

BULLETIN: Mantria Ponzi Scheme Pitchmen Hit With Millions Of Dollars In Disgorgement And Penalties — And Principals Ordered To Pay Tens Of Millions