Investors Say Fake Renovations Used To Run Ponzi Scheme

By Isaac Monterose · January 23, 2023, 5:51 PM EST

Two real estate investors have accused multiple American investment companies of running a Ponzi scheme in which the companies would pay promised rental income with funds of other investors who believed...

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Case Information

Case Title

ROSSI et al v. ABC CAPITAL INVESTMENTS LLC et al

Case Number

2:23-cv-00260

Court

Pennsylvania Eastern

Nature of Suit

Other Statutes: Racketeer/Corrupt Organization

Date Filed

January 20, 2023