Prosecutors: LA man cheated investors out of $10M

Courtesy Newsvine - business  Mon, 12/14/2009 - 20:34

A Los Angeles man has pleaded not guilty to running a Ponzi scheme that cheated about 50 investors in a NASCAR merchandise wholesale business out of at least $10 million.


 

Related items

NATPE: Comedy Central Preps Latin Launch
Will bow February 1 in Spanish and Portuguese in about 10 million homes in Latin...

60 Minutes: Crime, punishment, and the shame of being...
Bernie Madoff's wife and son speak publically for first time about the Ponzi scheme that defrauded thousands, and their lives since Madoff's arrest and imprisonment

The Man Who Tried To Stop Madoff
Harry Markopolos describes himself as a "50 billion dollar failure." Why? Because he couldn't get anyone to listen when he figured out Bernie Madoff's Ponzi scheme, eight years before...

HP No. 45 Black Inkjet Print Cartridge (51645A)
Black Ink Cartridge for Hewlett Packard printers and other designated machines

Green Laser Pointer II
No, it's not red - it's green Okay, just about everyone has a red laser pointer. Heck, we even sell a fine one here at ThinkGeek. But, we're pretty sure you want to be a superior geek - and...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com