A disbarred Forest Hills, New York, attorney on Monday pleaded guilty to federal charges stemming from his roles in an $18.8 million Ponzi scheme and a $30 million auto insurance fraud, prosecutors said.
Tag: Ponzi scheme
Oppenheimer Sued by More Investors for Losses in a $120M Ponzi Scheme
A lawsuit filed by 30 North Carolina residents has accused New York-based brokerage and investment bank Oppenheimer & Co. and two of its Atlanta-based managers of hiding the truth about a massive Ponzi scheme being run by its employees.