Tag "Ponzi scheme"

Back to homepage
Orange

Arrest made in three million dollar Ponzi scheme

Photo: Lo Van Tran GARDEN GROVE –  42 year old Lo Van Tran is alleged to have “defrauded multiple investors of over $3 million” in a Ponzi type scheme. An

Celebrity News Los Angeles

Producers charged with running a Ponzi scheme

Mel Brooks struck comedy gold when he made the film “The Producers” starring Zero Mostel and Gene Wilder in 1967. The idea behind the film was that Mostel’s character, Max

Santa Clara

A South Bay Area real estate broker held in lieu of $10 million bail

A South Bay Area real estate broker and a notary public have been charged with a scheme that involved enticing mostly Vietnamese-American victims into investing in foreign gold, a bail

Orange

Newport Man Accused of Stealing $3M in Ponzi Scheme Arrested in Panama

A Newport Beach man accused of embezzling nearly $3 million from investors in a Ponzi real estate fraud scheme was extradited back to Orange County this week to face trial,

Solano

California resident gets 10 year sentence for $200 milion scam

REDDING – Prosecutors call it one of the biggest real estate Ponzi schemes in California history.  A California man allegedly scammed North Coasters out of hundreds of millions of dollars