Perry Santillo of Rochester, N.Y., was recently sentenced to serve 210 months in prison in conjunction with his role in a $100 million Ponzi scheme. Santillo was convicted…
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A federal district judge recently sentenced Jeff Carpoff, 50, to 30 years in prison relating a billion-dollar Ponzi scheme. According to a Department of Justice news release: “According…
Mejdi Mahmoud Abousaoui was sentenced to 25 years in Texas state prison after pleading guilty to running a Ponzi scheme that bilked investors out of more than $4…
A FINRA arbitration panel recently ruled for investors against clearing house Pershing LLC (“Pershing”) relating to Pershing’s involvement with the Stanford Ponzi scheme. In Cagle et al v….
The Securities and Exchange Commission (“SEC”) was recently granted a temporary restraining order and asset freeze relating to an alleged Ponzi scheme involving Johanna M. Garcia and the…
Two final defendants recently pled guilty in the massive Woodbridge Group of Companies LLC (“Woodbridge”) Ponzi scheme that bilked some 7,000 investors out of approximately $1.29 billion. Dane…
