Acting United States Attorney Lawrence G. Brown Eastern District of California
FOR IMMEDIATE RELEASE
CONTACT: Lauren Horwood
Friday, March 20, 2009
PHONE: 916-554-2706
www.usdoj.gov/usao/cae
usacae.edcapress@usdoj.gov
FOLSOM MAN CHARGED IN $40 MILLION PONZI SCHEME
Leader of Investment Scam Defrauded 150 Investors, Many from His Church Second Man Charged with Impersonating a Federal Agent and Attempted Extortion
SACRAMENTO, Calif.—Acting United States Attorney Lawrence G. Brown, [...]
SEC v. Shelby Dean Martin, D. Martin Enterprises, Inc. and DM Ventures, LLC
The Commission announced that on March 6, 2009, it filed a Complaint in the United States District Court for the Western District of North Carolina to halt an ongoing Ponzi scheme. The Complaint was filed against Shelby Dean Martin (Martin), D. Martin Enterprises, [...]
Posted on February 10, 2009, 5:27 pm, by admin, under
Uncategorized.
SEC Charges Website Operator in Washington State With Running Ponzi Scheme
The Commission today filed securities fraud and other charges against Quest Holdings, Inc. and its principal, Craig T. Jolly, of Spokane, Washington, for operating an internet-based Ponzi scheme promising monthly returns of up to 19.5 percent.
According to the complaint, defendants Quest and Jolly raised approximately [...]