Ponzi scheme

Mich. Man Pleads Guilty To Wire Fraud In Massive Ponzi Scheme

The United States Attorney said a Michigan man pleaded guilty to running a Ponzi scheme that swindled nearly $50 million from more than 3,000 investors worldwide.

WWJ Newsradio 950–02/25/2012

(credit: istockphoto)

Canton Woman Busted In $1M Ponzi Scheme

Candy Campbell was sentenced to 52 months in prison after the FBI says she used other people’s money to buy diamond jewelry and support a lavish lifestyle.

WWJ Newsradio 950–01/26/2012

Fraudster Told To Report To Prison Next Week

An Oakland County man has been ordered to report to prison next Thursday for a Ponzi scheme that cost investors more than $35 million.

WWJ Newsradio 950–12/24/2011

Investment Advisor Sentenced To 97 Months In Ponzi Scheme

As part of his scheme, 56-year-old Keith Epstein directed clients – many of whom were elderly – to liquidate investments in order to put them in new, less risky instruments with him.

WWJ Newsradio 950–10/17/2011

Feds Say Guilty Plea Likely By Ponzi suspect

An Oakland County man accused of a $200 million investment scam is returning to court for a likely guilty plea.

WWJ Newsradio 950–04/29/2011

Local Financial Advisor Faces Federal Charges

A financial advisor from Clinton Township is facing some serious prison time after being accused of his involvment in a $45 million Ponzi scheme.

WWJ Newsradio 950–03/17/2011

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