April 25, 2018
The U.S. Securities and Exchange Commission nabbed $2.7 million in default judgments Tuesday against the owners of a real estate development company who allegedly ensnared investors in a $62 million Ponzi scheme involving so-called man camps for oil field workers.
May 05, 2015
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.