by Justin Knapp | Dec 1, 2009 | Uncategorized
Practically ripped from the script of a Mafia classic, Scott Rothstein is finally slapped with numerous charges related to an alleged investment scheme, including RICO charges. According to FBI investigators, Rothstein has cooked up quite an elaborate system of phony...
by Justin Knapp | Dec 1, 2009 | Uncategorized
The Scott Rothstein saga in Fort Lauderdale has now ensnared TD Bank. The Canadian financial company is now the target of a $100 million lawsuit claiming the bank was complicit in the Rothstein Ponzi scheme. Apparently enormous sums of money were passing through the...
by Justin Knapp | Dec 1, 2009 | Uncategorized
With several years under his belt of peddling bogus bonds, Jeffrey Southard of New Jersey is a master of illusion. But one thing is for real: He’ll spend 97 months in federal prison for his crimes. Most recently, he was convicted and sentenced for his role in a...
by Justin Knapp | Nov 21, 2009 | Uncategorized
That’s French for let the good times roll all over innocent investors. Louisiana businessman William Chaucer Jr. is said to have concocted a wide-reaching Ponzi scheme to the tune of $11 million. Thanks to his good fortune and his clients unwitting cooperation, Mr....
by Justin Knapp | Nov 21, 2009 | Uncategorized
Hard to believe investors actually fall for this, but it’s true. A couple of Omaha companies were promising clients 1000% annual returns. The Nebraska Department of Banking and Finance ordered them to discontinue sales and the circumstances are suspicious. Going...
by Justin Knapp | Nov 21, 2009 | Uncategorized
Unbeknownst to her, William Blair client Josephine DesPart’s account status was changed from non-discretionary and commission-based to discretionary and fee-based. On top of it all, the two former William Blair brokers set up a fake email account where her account...
