USA v. Woods
Case Number:
1:23-cr-00064
Court:
Nature of Suit:
Judge:
Firms
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February 08, 2024
Ga. Man Behind $49M Ponzi Scheme Gets Nearly 8 Years
An Atlanta-area investment adviser who pled guilty to using his companies as vehicles for a $49 million Ponzi scheme has been sentenced to just short of eight years in prison by a Georgia federal judge, the Department of Justice announced Thursday.
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January 29, 2024
Feds Want 10-Year Sentence For $110M Ponzi Operator
Federal prosecutors want a Georgia fund manager to spend more than a decade in prison for directing a $110 million Ponzi scheme they claim inflicted massive financial losses and suffering on hundreds of investors, a harsh sentence the financier said overstates his culpability in the fraud.
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August 30, 2023
SEC Claims CPA Aided Ga. Adviser's $110M Ponzi Scheme
The U.S. Securities and Exchange Commission hit an accountant with civil fraud charges in Georgia federal court Wednesday, accusing the certified public accountant of helping aid a convicted former Oppenheimer & Co. adviser's $110 million Ponzi scheme that targeted elderly retirees.
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March 24, 2023
Ga. Investment Adviser Cops To $110M Fraud Scheme
A Georgia-based investment adviser has pled guilty to masterminding a $110 million Ponzi scheme that has left hundreds of victims with more than $25 million in losses, federal prosecutors said Friday.