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California Men Accused of Orchestrating $100,000,000 ‘Ponzi-Like’ Scheme

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Two Bay Area executives stand accused of running a Ponzi scheme that raised over $100 million from mostly retired investors by promising returns on real estate loans while using new funds to pay earlier ones. The post California Men Accused…

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California Men Accused of Orchestrating $100,000,000 ‘Ponzi-Like’ Scheme
The Daily Hodl 1h ago

California Men Accused of Orchestrating $100,000,000 ‘Ponzi-Like’ Scheme

Two Bay Area executives stand accused of running a Ponzi scheme that raised over $100 million from mostly retired investors by promising returns on real estate loans while using new funds to pay earlier ones. The post California Men Accused…