August 29, 2012
The now-bankrupt owner of a Pennsylvania financial advisory firm accused of duping investors out of $30 million by funneling their money into a massive Ponzi scheme can't seek sanctuary from the allegations in bankruptcy court, the federal government said Wednesday, asking a district court to reopen the temporarily suspended case.
July 30, 2012
The suburban Philadelphia-based Sarris Financial Group was hit with allegations that it duped investors out of $30 million by funneling their money into a massive Ponzi scheme in a suit filed Friday by the U.S. Securities and Exchange Commission.