February 11, 2011
A California investment firm head who admitted to running a Ponzi scheme worth more than $6 million was sentenced Friday to serve five years in prison.
January 11, 2011
The U.S. Commodity Futures Trading Commission has accused an admitted California Ponzi schemer and his commodities pool operators, Spirit Investments Inc. and Increase Investments Inc., of running a $14 million scam against 30 investors.