April was a remarkably busy month for Ponzi scheme news,
especially in India. Here is a summary of stories that were reported this
month. Be sure to read the international news, because Ponzi schemes are not
just limited to the U.S. Please feel free...
The Moss Adams accounting firm was sanctioned for not
complying with a bankruptcy trustee's subpoena for documents related to Frederick Darren Berg's Meridian Mortgage
$100 million real estate investment Ponzi scheme. The court ruled that Moss...
Should a state provide
funding to reimburse victims of Ponzi schemes? Is it possible for states to
promulgate fair and comprehensive laws in this regard? Does funding at the
state level to reimburse victims give those victims a disincentive from
March continued the trend of way too many breaking news
stories in Ponzi scheme cases. Here is the summary of the stories that were
reported this month. Please feel free to post comments about these or other
Ponzi schemes that I may have missed. And...
The year continues its strong start for Ponzi scheme
news. Here is the summary of the stories that were reported this month. Please
feel free to post comments about these or other Ponzi schemes that I may have
missed. And please remember that I am...
In the consolidated bankruptcy proceeding of Frederick
Darren Berg and the Meridian Funds, the trustee filed several fraudulent
transfer actions. In one of them, against Jack W. Brown and Margaret A. Heftel,
the trustee claimed that fictitious interest...