Riverside Man Sentenced For Real Estate Ponzi SchemeA Riverside man has been sentenced to 26 years in prison for bilking victims across three states of millions in a real estate Ponzi scheme.
Man Accused Of Milking $17M From Investors In OC's Largest-Ever Ponzi Scheme SurrendersAdam Boskovich, of Laguna Niguel, has surrendered on a warrant to face charges of cheating 80 Orange County investors out of millions of dollars.
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.
Southland Man Faces 25 Years For $6M Ponzi SchemeA Southern California investment adviser has pleaded guilty to securities fraud for bilking elderly residents in a $6 million Ponzi scheme.
West Covina Woman Faces 86 Years For Ponzi SchemeA 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.
Downey Man Pleads Guilty To $30M Ponzi, Mortgage ScamJuan 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.
LA Man Wanted In Ponzi Scheme Arrested In FranceA Los Angeles financial adviser charged with defrauding investors in a $228 million Ponzi scheme has been arrested in France.