lavish lifestyle

Florida's Latest Ponzi Schemer May Be The Most Brazen Yet

Digg - Business & Finance  Thu, 10/22/2009 - 13:00

Sean Healy is no Bernie Madoff but he may have walked off with $20 million from his clients most of which seems to have been spent on living an exceedingly lavish lifestyle.

Healy and his wife, a former Hooters girl, lived in an extravagant $2.4 million mansion in Weston, Florida.

A Ferrari, stretch limousine and several Lamborghinis


 

Lawyer gets 20 years for $400 million swindle

MSNBC.com: Business  Tue, 07/14/2009 - 04:02

Marc DreierĀ told a Manhattan court Monday thatĀ he was "deeply sorry for the harm and sadness I've caused to so many people."A once-prominent Manhattan attorney was sentenced Monday to 20 years in prison for a hatching a massive fraud in a brazen attempt to keep his law firm afloat and bankroll a lavish lifestyle.



 

Receiver says Pang misused investor money

Newsvine - business  Sun, 05/10/2009 - 11:42

A California financier accused in a federal fraud lawsuit treated the investments he managed as a "personal piggy bank" to fund a lavish lifestyle and used new investors' money to pay existing investors, a court appointed receiver said.