California Men Accused of Orchestrating $100,000,000 ‘Ponzi-Like’ Scheme

Two Bay Area executives stand accused of running a Ponzi scheme that raised over $100 million from mostly retired investors by promising returns on real estate loans while using new funds to pay earlier ones. The post California Men Accused of Orchestrating $100,000,000 ‘Ponzi-Like’ Scheme appeared first on The Daily Hodl.