Los Angeles attorney who gave millions to Democrats found guilty of massive Ponzi scheme
Major Democratic donors Convicted He was indicted Tuesday on charges of running a massive Ponzi scheme that siphoned millions of dollars from his victims. Tom Girardi, 85, bragged about the influence he bought from politicians and called himself a “limousine liberal.” According to In the Los Angeles Times. “The clients he wronged for so many […]
Tom Girardi found guilty of embezzling $15m in alleged ponzi scheme | US news
A federal jury in Los Angeles on Tuesday convicted Tom Girardi, a disbarred California attorney who U.S. prosecutors accused of stealing $15 million in settlement money from clients, of four counts of wire fraud, prosecutors announced. Girardi, 85, whose pollution lawsuit against a California utility company was the subject of the Oscar-winning film “Erin Brockovich,” […]
Christian radio host’s alleged mistress given life sentence over Ponzi scheme that stole millions from elderly listeners
Texas Attorney Secured A woman believed to be the mistress of a Christian radio host has been sentenced to life in prison for stealing tens of millions of dollars from elderly listeners of his show. Debra Mae Carter, 65, was convicted of laundering money in a Ponzi scheme that stole about $31 million from about […]
Texas Christian radio host ‘The Money Doctor’ mistress, Debra Carter, sentenced to life in Ponzi scheme
The mistress of a Texas Christian radio show called “The Money Doctor” has been sentenced to life in prison for her role in a Ponzi scheme in which she and her boyfriend stole $31 million from about 200 retirees over a 10-year period. The Tarrant County District Attorney’s Office announced Tuesday that 65-year-old Debra Mae […]
Libertarian presidential candidate Chase Oliver: Social Security a ‘bankrupt Ponzi scheme’
Libertarian Party presidential candidate Chase Oliver is on a mission to shrink government and promote free market solutions to America’s problems. It’s an ambitious goal in an era of rising government spending across the board, but Oliver has already defeated both Robert F. Kennedy Jr. and Donald Trump to win the Libertarian Party nomination. Trump […]
‘Greed, power and fame’: inside pop music’s biggest Ponzi scheme | Documentary
circleWith hundreds of millions of records sold, still going strong into their fourth decade, and praised by the likes of Taylor Swift, boy bands Backstreet Boys and N’Sync are truly pop kings. But they were also the creations of one of America’s biggest criminals, and the new Netflix documentary series Dirty Pop: The Boy Band […]
How Zachary Horwitz pulled off ‘Hollywood’s biggest Ponzi scheme’
An aspiring actor who moved to Hollywood from Indiana starred in “Hollywood’s biggest Ponzi scheme,” raising more than $690 million by convincing family, friends and other investors that he was running a successful film licensing business. According to court documents, Zachary Horowitz, who appeared under the stage name Zach Avery in small roles in films […]
The Great Ponzi Scheme
The fiscal burden of the United States is getting seriously out of hand. The United States is in fiscal trouble. The burden of government spending has increased by nearly $3 trillion over the past 10 years—nearly doubling in just one decade! And that means more resources are diverted from the economy’s productive sector, which is […]