Woodbridge, CEO To Pay $1B To Settle Ponzi Fraud Claims

By Dean Seal · January 28, 2019, 3:32 PM EST

A Florida federal judge has ordered Woodbridge Group of Companies LLC and its former owner to pay more than $1 billion to resolve claims that it operated as a Ponzi scheme...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Related Sections

Case Information

Case Title

Securities and Exchange Commission v. Shapiro et al

Case Number

1:17-cv-24624

Court

Florida Southern

Nature of Suit

Securities/Commodities

Date Filed

December 20, 2017