November 17, 2017
A Massachusetts federal judge greenlit a deal Friday resolving the U.S. Securities and Exchange Commission's allegations that a former NFL player, his business partner and three companies they founded together ran a $31.7 million Ponzi scheme that involved convincing investors they were helping provide short-term loans to professional athletes.
April 06, 2015
The U.S. Securities and Exchange Commission hit Capital Financial Partners LLC with a lawsuit in Massachusetts federal court, unsealed on Monday, claiming that the company ran a $31.7 million Ponzi scheme that involved convincing investors they were helping provide short-term loans to professional athletes during the off-season.