Tag Archives: Ponzi scheme

Son Reveals Father’s Ponzi Scheme

Now Investors to Be Paid Back Investors are unknowingly taken advantage of all the time.  While there are thousands of good companies raising capital for legitimate needs, there are also thousands of scammers willing to take your money and spend it … Continue reading

Posted in Investing, Scams | Tagged , , , | Leave a comment

Assets Frozen on $150 Mill Investment Scheme

SEC Freezes Assets on a $150 Million Dollar Real Estate Investment Scheme The SEC filed fraud charges against a group of companies in California that raised over $150 million in a real estate investment scheme.  According to the SEC, Yin … Continue reading

Posted in Investing, Scams | Tagged , , , | Leave a comment

Childrens’ Courses Pyramid Scheme Busted

SEC Busts Pyramid Scheme for Investing in Online Childrens Educational Courses   The SEC froze the assets of five entities that collectively went by “CKB” and “CKB168”.  A string of international organizations participated in this world wide Ponzi scheme that … Continue reading

Posted in Scams | Tagged , , , , | Leave a comment

Ponzi Scheme Targeting International Investors

Las Vegas, NV: The Securities and Exchange Commission (SEC) announced today, in Washington DC, the emergency freezing of the assets of a Las Vegas based company and the sole owner of the business, Edwin Fujinaga for allegedly perpetrating a multimillion … Continue reading

Posted in Scams | Tagged , , , | Leave a comment

Ponzi Scheme in Indianapolis

The Securities and Exchange Commission (SEC) filed charges against Indianapolis resident, John K. Marcum, and his company Guaranty Reserves Trust, for defrauding investors in a Ponzi scheme that specifically targeted retirement accounts. The SEC was also able to obtain an … Continue reading

Posted in Investing, Scams, SEC | Tagged , , , | Leave a comment