Ponzi Scheme News - The Sacramento Bee

Topic: Ponzi Scheme

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Stories on sacbee.com

Viewpoints: Regulating Internet poker adds revenue, protection
April 12, 2012

New DVDs
April 06, 2012

Democratic treasurer pleads guilty in record campaign theft case
March 31, 2012

Viewpoints: Pension-cutting plans on ballot promise savings but don't deliver
January 31, 2012

Stockton hopes to stave off bankruptcy
February 25, 2012

City of Stockton will suspend bond payments to avoid bankruptcy
February 24, 2012

Ponzi Scheme Related Topics

Hong Kong	Central Bank	Saudi Arabia	Bush Administration
Greenhouse Gas Emissions	Hu Jintao	Falun Gong	Burma

Ponzi Scheme Videos

Tip leads to arrests of 2 'Most Wanted'
May 08, 2012 | KSAZ FOX 10 Phoenix, AZ

Couple in Ponzi scheme caught in Arizona
May 06, 2012 | KSAZ FOX 10 Phoenix, AZ

Ripley, VanLiere face Ponzi allegations
May 03, 2012 | WOOD NBC 8 Grand Rapids

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

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...

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...

Other local news reports

Visalia woman indicted in real- estate Ponzi scheme
February 09, 2012 | FresnoBee.com: Local
in a Ponzi scheme in which victims believed they were investing in Arizona real estate. Read comments ...

Fresno man's widow told to pay $ 114. 5m in Ponzi scheme
January 10, 2012 | FresnoBee.com: Local
The widow of a Fresno businessman who committed suicide after authorities began investigating his alleged Ponzi scheme must pay $114.5 million in damages to hundreds of victims...

Amy Goodman: The real Ponzi scheme is Wall Street
September 25, 2011 | AppealDemocrat
If 2,000 tea-party activists descended on Wall Street, you would probably have an equal number of reporters there covering them. Yet 2,000 people did occupy Wall Street last...

Investors fight back in alleged Ponzi scheme
July 14, 2011 | FresnoBee.com: Local
Two years after FBI agents raided a northwest Fresno business to investigate an alleged Ponzi scheme, the investors began their quest Thursday to get their money back -- more...

From around the web

US Supreme Court denies request to review Petters' conviction in $ 3. 65B Ponzi scheme
May 15, 2012 | Local

Court filing: Durham talked of hiding information about Fair Finance
May 15, 2012 | indystar.com
They are accused of running a Ponzi scheme to defraud about 5,000 investors in Fair Finance Co. of more than $200 million to fund other businesses and support a lavish lifestyle...

FBI wiretaps: Tim Durham, partners talk of hiding information from investors
May 14, 2012 | indystar.com
3 businessmen accused of running a Ponzi scheme to defraud about 5,000 investors in Fair Finance Co. of more than $200 million to fund other businesses and support a lavish...

Building resilient cities and towns with fiscal conservatism
May 08, 2012 | MetaFilter
''...Charles Marohn and his colleagues at the Minnesota-based nonprofit Strong Towns have made a very compelling case that suburban sprawl is basically a Ponzi scheme, in which...

Romney Family Investment Group Partnered With Alleged Perpetrators Of $ 8 Billion...
May 04, 2012 | reddit.com: what's new online
submitted by Nefandi to politics [ link ] [ 81 comments ] ...

Steelers Overlooking Alleged' Character Concerns' In Rounds 2 and 3
April 28, 2012 | Behind the Steel Curtain
Shapiro, a convicted Ponzi scheme mastermind, tossed all of the players he used to support under the bus last summer, including Spence: Sean Spence was one of the regular guys...

Ponzi Scheme on twitter

	In some ways, the stock market is the ultimate ponzi scheme. You buy in, then try and get everybody else to buy in so we can all make money. Twitter: @einSteinert
	RT @reedharrisufc: @mcuban is right, mrkt is a ponzi scheme.. Traders had info on FB prior to IPO (that public didnt have) & went short & made big $ #takenbyWS Twitter: @Lycanthr0pe
	@mcuban is right, mrkt is a ponzi scheme.. Traders had info on FB prior to IPO (that public didnt have) & went short & made big $ #takenbyWS Twitter: @reedharrisufc
	Ninth Circuit Affirms Dismissal of Ponzi Scheme Allegations Against… http://t.co/6R3ZqTad (on http://t.co/OjjiKedI) Twitter: @MHLegalLibrary
	RT @247WallSt: SEC Charges Another Ponzi Scheme, $157 Million in Florida http://t.co/nnnj6Mzb Twitter: @tweetingstocks
	O.C. lawyer gets 7-year sentence for $20 million Ponzi scheme http://t.co/9VbUEb98 Twitter: @OCRall