August 20, 2025

Dead Fraudster’s Widow Pays $3.8M to Victims of $29M Ponzi Scheme

The Securities and Exchange Commission (SEC) has secured nearly $4 million from the widow of a deceased investment adviser who ran a Ponzi scheme that defrauded more than 50 investors out of $29 million over an 11-year period. The scam was so effective …

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