Washington Ponzi schemes

PP Blog Tag archives on references to "Washington Ponzi schemes."

Investigators Outline Darren Berg’s Ponzi Haul: ‘Stunning’ Greed, Top Prosecutor Says; ‘No Moral Compass,’ Judge Comments When Ordering Washington State Schemer To Spend 18 Years In Jail

Investigators Outline Darren Berg's Ponzi Haul: 'Stunning' Greed, Top Prosecutor Says; 'No Moral Compass,' Judge Comments When Ordering Washington State Schemer To Spend 18 Years In Jail

“The greed in this case is stunning. [Frederick Darren Berg] stole and squandered the dreams of hundreds: dreams of retirement, dreams of homeownership, dreams of a college education for their children and grandchildren. While we could not restore those dreams, today he was held accountable for his acts.” — U.S. Attorney Jenny A. Durkan, Western […]

NEWS/UPDATES: Feds Say $900 Million Nevin Shapiro Ponzi ‘Perfect Example Of Greed Run Amok’; Colorado Charges Bela Geczy, Michael Kass With Racketeering In Fraud Case

NEWS/UPDATES: Feds Say $900 Million Nevin Shapiro Ponzi 'Perfect Example Of Greed Run Amok'; Colorado Charges Bela Geczy, Michael Kass With Racketeering In Fraud Case

The acts of Nevin Shapiro — a Florida man arrested in New Jersey yesterday on charges of orchestrating a $900 million Ponzi scheme — represent a “perfect example of greed run amok,” an FBI agent said. Separately, a grand jury in Colorado has charged two men under the state’s organized-crime statute with operating an $18 […]