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Topic: Ponzi Scheme

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Ponzi Scheme Videos

Kaneohe man pleads guilty to $1.5 million Ponzi scheme
May 24, 2013 | KHON Fox 2

Pennsylvania man in custody in connection to bombs found
March 08, 2013 | WWAY Wilmington, NC

U of R Dean: We're Running A Ponzi Scheme On Next Generation
February 28, 2013 | WHAM ABC 13 Rochester

Ponzi Scheme Wikipedia Information

A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns ("profits") to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business. It is named after Charles Ponzi. Schemes" ,...

Sacramento Connect

Sacramento man found guilt in Ireland
October 16, 2012
Scott Cavell fled the US in 2009 to avoid prosecution of an illegal Ponzi scheme. The Sacramento native ended up in Ireland under a false name. In 2011 US...

AG Harris Announces Arrests of Four Individuals in Northern California Real Estate Scheme
September 21, 2012
SACRAMENTO September 21, 2012 - Attorney General Kamala D. Harris announced the arrest Thursday of four suspects who have been charged with securities fraud,...

ERC statement on arrest of its interim executive director
September 21, 2012
“The executive committee of the Nevada County Economic Resource Council (ERC) learned yesterday afternoon about the arrest of Mr. Blinder. At this point we have...

The Bloviating Banker Blames Just About Everyone (Except Bankers)
July 08, 2011
Blame, blame, blame! Blame Congress, blame Obama, blame consumers, blame grandmother. And I'm sure he has his points. But not all blame is...

Roseville Man Sentenced In $2.9 Million Real Estate Ponzi Scheme
September 30, 2011
SACRAMENTO, Calif. September 30, 2011 - United States Attorney Benjamin B. Wagner announced that Royce Lee Newcomb, 49, of Roseville, was sentenced today by...

Feinstein asks to go back to donors to recoup allegedly stolen cash
February 24, 2012
U.S. Sen. Dianne Feinstein's attorney has asked the Federal Elections Commission to allow the California Democrat to collect more cash from donors who gave her...

From around the web

William Conour seeks more time to explain missing assets
May 17, 2013 | indystar.com
Prosecutors allege Conour ran a Ponzi scheme -- spending the more than $4.5 million he won for clients in legal settlements, then attempting to replace the missing funds with...

Judge: Lawyer William F. Conour must account for $ 80,000 in missing assets
May 15, 2013 | indystar.com
Prosecutors allege Conour ran a Ponzi scheme -- spending more than $4.5 million he won for clients in legal settlements, then attempting to replace the missing funds with...

What would a Red Sox trade for David Price look like?
May 10, 2013 | Over the Monster
The problem with the second approach is that it's something of a Ponzi scheme; if one superstar player does not work, you just get the next one, and the next thing you know...

One- third of former super lawyer's assets missing; feds want bond revoked
May 07, 2013 | indystar.com
Prosecutors allege that Conour ran a Ponzi scheme -- spending money he won for clients in legal settlements, then attempting to replace the missing funds with proceeds from...

I'm Sorry, Marlins Fans
April 26, 2013 | The Good Phight
Hell, the Wilpons invested pretty much everything but their office supplies in a fraudulent ponzi scheme and the Commissioner did not do a damn thing. Jeffrey Loria is not going...

Podcast: Bitcoins bite the dust?
April 12, 2013 | GigaOM
Whether you think they are a Ponzi scheme or the future of money, Bitcoins were all over the news this week as the value of the digital currency crashed. Hard. We get to the...

Ponzi Scheme on twitter

	RT @jatingandhi: IPL is cricket's ponzi scheme: there's quick fix cricket, lots of cash, and the politico-corporate nexus #SpotFixing Twitter: @raghu_ji
	Admitted Ponzi scheme mastermind tries to withdraw guilty plea #Sacramento http://t.co/odBq83HTzN Twitter: @TheUsNewz
	RT @jatingandhi: IPL is cricket's ponzi scheme: there's quick fix cricket, lots of cash, and the politico-corporate nexus #SpotFixing Twitter: @jnsayta
	RT @jatingandhi: IPL is cricket's ponzi scheme: there's quick fix cricket, lots of cash, and the politico-corporate nexus #SpotFixing Twitter: @RaisinaSeries
	@prasannavishy True, but not the same as a Ponzi scheme. The money comes from television & advertising. It's real http://t.co/WfaSFASA8g Twitter: @kalyanasc
	IPL is cricket's ponzi scheme: there's quick fix cricket, lots of cash, and the politico-corporate nexus #SpotFixing Twitter: @jatingandhi