Ponzi

(credit: CBS)

Riverside Man Sentenced For Real Estate Ponzi Scheme

A Riverside man has been sentenced to 26 years in prison for bilking victims across three states of millions in a real estate Ponzi scheme.

11/15/2013

(credit: CBS)

Man Accused Of Milking $17M From Investors In OC’s Largest-Ever Ponzi Scheme Surrenders

Adam Boskovich, of Laguna Niguel, has surrendered on a warrant to face charges of cheating 80 Orange County investors out of millions of dollars.

KNX 1070 NEWSRADIO–10/24/2013

Prosecutors: Ponzi Scheme Conned $7M From LA Transit Retirees

Thomas Mitchell, 64, pleaded guilty to a scheme that cheated retired transit operators by the Metropolitan Transportation Authority out of an estimated $7 million.

04/08/2011

(credit: istockphoto.com)

Southland Man Faces 25 Years For $6M Ponzi Scheme

A Southern California investment adviser has pleaded guilty to securities fraud for bilking elderly residents in a $6 million Ponzi scheme.

03/24/2011

(credit: CBS)

West Covina Woman Faces 86 Years For Ponzi Scheme

A West Covina woman who promised investors up to 20 percent returns on their money has pleaded guilty in a nearly $7 million real estate and small business Ponzi scheme.

12/21/2010

Financial Cash Illegal pension

Downey Man Pleads Guilty To $30M Ponzi, Mortgage Scam

Juan Rangel, already in prison for a 2009 bribery conviction, used his victims’ cash to make monthly mortgage payments on his $3 million home, to lease a Lamborghini, and to buy cocaine.

10/27/2010

LA Man Wanted In Ponzi Scheme Arrested In France

A Los Angeles financial adviser charged with defrauding investors in a $228 million Ponzi scheme has been arrested in France.

09/29/2010

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