Showing posts with label Ponzi. Show all posts
Showing posts with label Ponzi. Show all posts

Thursday, November 9, 2017

Bernie Madoff"s Ponzi Scheme Victims Begin Receiving $772 Million in Restitution

Bernie Madoff’s investors who were ripped off for billions of dollars are finally getting some of their money back — the U.S. has begun the first distribution of funds to his Ponzi scheme victims. The Madoff Victim Fund — established by the Dept.…


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Monday, May 8, 2017

Fyre Festival Concertgoers File Lawsuit Accusing Ja Rule, Billy McFarland of Fraudulent Ponzi Scheme

Ja Rule and Billy McFarland had no intention of throwing a first-class music festival … they knew it was going to be a disaster but figured they could screw a lot of people out of money before it became apparent … this according to accusations…


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Wednesday, March 1, 2017

Ex-NFL Star Will Allen Gets SERIOUS PRISON TIME ... In Ponzi Scheme Case

Ex-NFL player Will Allen just got HAMMERED by the judge in his Ponzi scheme case — he’ll do 6 YEARS in federal prison … officials say. Prosecutors were gunning for a 78 month sentence … and they just about got what they asked for. Allen…


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Wednesday, December 21, 2016

NFL"s Will Allen Booted from Florida Home After Ponzi Scheme Conviction

Ex-NFL cornerback Will Allen just kissed his Florida home goodbye … after he was convicted of screwing people out of MILLIONS in an illegal Ponzi scheme. Allen — who played for the Giants, Dolphins and Patriots — pled guilty to running a $ 35…


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