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Home > Latest News > SEC Halts Ponzi Scheme Preying on Retirees Attending Estate Planning Seminars

SEC Halts Ponzi Scheme Preying on Retirees Attending Estate Planning Seminars

Posted: March 10, 2010 @ 11:12 am - U.S Securities and Exchange Commission
   The Securities and Exchange Commission has obtained an emergency court order to shut down a Ponzi scheme targeting retirees in California and Illinois by inviting them to estate planning seminars and later coaxing them to buy promissory notes for purported Turkish investments.
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