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….
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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…
Wayde McKelvy, 59, of Aurora, Colo., was recently sentenced to 18 years in prison for operating a $54 million Ponzi scheme described as one of the largest green…
George S. Blankenbaker Jr., 56, of Westfield, Indiana, was recently sentenced to 5 years in prison for wire fraud and money laundering. According to a news release from…
A Colorado grand jury recently indicted an Illinois woman and a Georgia man in connection with a cattle Ponzi scheme that bilked investors out of around $650 million….
