Ponzi schemes

Home > Ponzi schemes

Ash Narayan Allegedly Induced Clients to Invest in Ticket Reserve Inc. (TTR) without PurpotedlyTelling them it Was Financially Distressed, that He Owned Millions of Shares of TTR Stock, or that He Secretly Obtained Nearly $2 Million in Undisclosed Finder's Fees Ash Narayan allegedly induced clients to...

23 June, 2016

American Growth Funding II LLC (“AGF II”), AGF II’s owner Ralph Johnson (“Johnson”), Portfolio Advisors Alliance (“PAA”), PAA’s owner Howard Allen (“Allen”), and PAA’s president Kerri Wasserman (“Wasserman”) were charged with securities fraud by the Securities and Exchange Commission (“SEC”). The Peiffer Rosca Wolf securities...

24 March, 2016

UDF Exhibits Characteristics Consistent with a Ponzi Scheme,” Famed Investor Alleges; Peiffer Rosca Wolf Securities Lawyers Have Been Retained by UDF Investors, Are Preparing to Take Action, and Focusing on Investors who Purchased Prior 2014 Hayman Capital Management, a hedge fund founded by Dallas investor Kyle...

20 February, 2016

Richard Schwartz, an investment advisor formerly in Kokomo, Indiana, has been accused by regulators of perpetrating a fraudulent investment scheme that victimized scores of investors across the country, under the umbrella of RAS & Associates, his investment advisory firm. Richard Schwartz was a licensed securities stockbroker,...

05 February, 2014