January 28, 2015
A federal judge has granted the U.S. Security and Exchange Commission's request for a $585 million judgment against MRI International Inc. and its owner in the wake of an alleged $800 million Ponzi scheme revolving around medical accounts receivable.
November 24, 2014
The U.S. Securities and Exchange Commission is seeking a $584.5 million judgment against Las Vegas-based MRI International Inc. and its owner for operating a Ponzi scheme that raised more than $800 million from investors living primarily in Japan, according to court papers filed Monday.
October 06, 2014
A Nevada federal judge has found Las Vegas-based MRI International Inc. and its owner liable for operating a Ponzi scheme that raised more than $800 million from investors living primarily in Japan, ruling that the U.S. Securities and Exchange Commission presented sufficient evidence to support its claims.