Ponzi Scheme

Companies | 10 Jul 19

Over £15m was raised from 1,000 people who were promised ‘unrealistic returns’

Companies | 10 Jun 19

They stole investments to pay off their previously failed companies

Industry | 24 May 19

SEC also files an emergency action charging a New York real estate investor with fraud

Industry | 14 May 19

He used a Ponzi scheme to steal over £600,000 from companies and individuals in six years

Companies | 12 Apr 19

Company had already been fined $1bn for running a Ponzi scheme