U.S. prosecutors charge three men in $364 million Ponzi scheme
- 6 years ago
According to Reuters, U.S. prosecutors charge three men in $364 million Ponzi scheme.
Kevin Merrill of Maryland, Jay Ledford of Texas and Nevada, and Cameron Jezierski of Texas are accused of portraying themselves as investment professionals and using a phony portfolio of consumer debt to defraud hundreds of unwary investors out of tens of millions of dollars as part of a $364 million Ponzi scheme.
The U.S.
Kevin Merrill of Maryland, Jay Ledford of Texas and Nevada, and Cameron Jezierski of Texas are accused of portraying themselves as investment professionals and using a phony portfolio of consumer debt to defraud hundreds of unwary investors out of tens of millions of dollars as part of a $364 million Ponzi scheme.
The U.S.