Tag Archives: Florida Ponzi Scheme
SEC Shuts Down $100 Million Ponzi Scheme; Florida Man Charged
On June 19th, 2018, the Securities and Exchange Commission (SEC) announced that enforcement officials were shutting down a $102 million Ponzi scheme. Several former FINRA advisors were implicated in the charges. According to the SEC, more than 600 investors throughout the United States were defrauded in this Ponzi scheme. Six men have been charged… Read More »
SEC Shuts Down $85 Million Ponzi Schemes; Investors Were Falsely Informed Land Was Being Purchased in Florida
On May 1st, the Securities and Exchange Commission (SEC) announced that it had recently shut down an $85 million Ponzi scheme that had ties to the state of Florida. In a legal complaint that was unsealed in the United States District Court for the Southern District of Mississippi, the SEC alleges that Arthur Lamar… Read More »
Florida Executive Pleads Guilty to Orchestrating $150 Million Investment Fraud Scheme
On April 19th, 2018, the United States Department of Justice (DOJ) announced that Antonio Carlos de Godoy Buzaneli, an executive from Coral Gables, Florida, has pleaded guilty to investment fraud charges related to his role in a $150 million investment fraud scheme. According to court documents, Mr. Buzaneli and several co-conspirators carried out the… Read More »
