Ponzi scheme

Va. man sentenced for running $5M Ponzi scheme

Miami Herald (Free subscription) | 11/06/2009

A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors.

Michele Bachmann's Pardon Pal Mentioned During Petters Ponzi Scheme Trial

Dump Michele Bachmann (Free subscription) | 11/07/2009

Ken Avidor reports here .

Va. man sentenced for running $5M Ponzi scheme

San Fransisco Chronicle (Free subscription) | 11/06/2009

A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors. John Mark Donnelly was sentenced Friday in federal court. The 53-year-old Donnelly had pleaded guilty in May to... Ponzi scheme - Prison - Plea - Virginia - United States federal courts

Va. man sentenced for running $5M Ponzi scheme

Seattle Post-Intelligencer (Free subscription) | 11/06/2009

CHARLOTTESVILLE, Va. -- A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors.

Va. man sentenced for running $5M Ponzi scheme

Seattle Times (Free subscription) | 11/06/2009

A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors.

• Va. man sentenced for running $5M Ponzi scheme - Daily Advance - Business
• Va. man sentenced for running $5M Ponzi scheme - San Fransisco Chronicle
• See the 4 articles on the same subject

Virginia man sentenced for running Ponzi scheme that bilked $5M from investors, family

Star Tribune (Free subscription) | 11/06/2009

According to court records, Donnelly marketed a complex trading strategy to investors but rarely traded the money he received. Instead, he distributed the money to other investors.

Fmr Ga. atty sentenced to prison for Ponzi scheme

WAAY - WAAY News and Home (Free subscription) | 11/06/2009

Associated Press - November 5, 2009 9:25 PM ET ATLANTA (AP) - A former attorney has been sentenced to more than five years in prison for a real estate investment fraud scheme that took in a...

Va. man sentenced for running $5M Ponzi scheme

Daily Advance - Business (Free subscription) | 11/06/2009

Va. man sentenced for running $5M Ponzi schemeCHARLOTTESVILLE, Va. — A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors.John Mark Donnelly was sentenced Friday in federal court.The 53-year-old Donnelly had pleaded guilty in May to wire fraud, securities fraud, fraud in connection...

Charges: Andover printer ran Ponzi scheme, owes investors $53M

StarTribune.com (Free subscription) | 11/06/2009

In what Hennepin County authorities call one of the biggest Ponzi schemes they have dealt with, an Andover man who runs a printing company was charged Thursday with 36 counts of securities fraud.

Andover man charged in $53 million Ponzi scheme

kare11.com - Business News (Free subscription) | 11/06/2009

Hennepin County prosecutors filed charges Thursday against an Andover man who's accused of operating a Ponzi scheme.

Former attorney sentenced in $2M Ponzi scheme

ajc.com (Free subscription) | 11/05/2009

The McDonough man accused of collecting over $2 million from more than 20 victims across three states has been sentenced for his “Ponzi” scheme.

Fmr Ga. atty sentenced to prison for Ponzi scheme

Miami Herald (Free subscription) | 11/06/2009

A former attorney has been sentenced to more than five years in prison for a real estate investment fraud scheme that took in a dozen victims in Georgia, Florida and Tennessee.

Fort Lauderdale, FL – Alleged Ponzi Schemer Rothstein, A Generous Contributor To The Orthodox Community

Vos Iz Neais (Free subscription) | 11/04/2009

Fort Lauderdale, FL – South Florida’s Jewish community just can’t catch a break. First Bernie Madoff, now an alleged Ponzi scheme by Fort Lauderdale attorney Scott Rothstein — what gives? Madoff lured Jewish friends at the Palm Beach Country Club to be investors in his Ponzi scheme, and when his fraud collapsed, Jewish charites lost hundreds [...]...

Mortgage broker guilty in Ponzi scheme

The Atlanta Business Chronicle (Free subscription) | 11/05/2009

Former Georgia mortgage broker Edward William Farley pleaded guilty on Thursday in federal district court to committing a mortgage fraud, running a real estate investment “Ponzi” scam involving over 150 victims, running a check-kiting scheme and bankruptcy fraud.

Charges: Andover printer ran a Ponzi scheme

Star Tribune (Free subscription) | 11/06/2009

In what Hennepin County authorities call one of the biggest Ponzi schemes they have dealt with, an Andover man who runs a printing company was charged Thursday with 36 counts of securities fraud.Gerard Frank Cellette Jr., 44, owes at least $53 million to investors who backed printing contracts that authorities say are phony.Hennepin County Attorney Mike Freeman said that more than 100...