'Man Camp' Developers Ran $62M Ponzi Scheme, SEC Says
By Ben Conarck ( May 5, 2015, 7:30 PM EDT) -- The U.S. Securities and Exchange Commission on Tuesday filed suit accusing North Dakota Developments LLC of fraud over an alleged $62 million Ponzi scheme selling interests in short-term housing known as "man camps" for workers in the Bakken oil fields of North Dakota and Montana....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.