Tag Archives: Ponzi

SEC Charges Operators of Woodbridge with Running $1.2 Billion Ponzi Scheme

On December 21, 2017, the Securities and Exchange Commission (“SEC”) formally announced charges, as well as an asset freeze, against the Woodbridge Group of Companies (“Woodbridge”) and its related unregistered investment funds, as well against Woodbridge’s owner and former CEO, … Continue reading

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eDiscovery Trends: Madoff Ponzi Scheme Case Documents May Be Turned Over to eData Rooms and Special Masters

The trustee responsible for coordinating the recovery of assets and data involved in Bernard L. ("Bernie") Madoff's $65 billion Ponzi fraud investigation is presently seeking to secure special masters and create an "eData room" to ensure that the enormous volume … Continue reading

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Perry's Ponzi Problem?

By Mike Dorf If unemployment remains at or near its current levels a year from now, it's hard to imagine President Obama winning re-election, unless the Republicans nominate someone widely perceived to be a maniac, in which case Obama likely … Continue reading

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SEC accuses Florida pair of $22 million Ponzi scheme

SEC accuses Florida pair of $22 million Ponzi scheme The SEC announced today that it has charged James Davis Risher and Daniel Joseph Sebastian with operating a Ponzi scheme through their private equity fund. The Florida firm allegedly took more … Continue reading

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Pastor caught in forex Ponzi scheme

Pastor caught in forex Ponzi scheme The CFTC announced that Jeremiah C. Yancy and his company Longbranch Group International have been ordered to pay $2 million in restitution and civil monetary penalties. A federal court in Texas has found that … Continue reading

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