Ponzi Scheme Bulletin
On July 24, 2026, Jay Lucas, the 71-year-old founder and managing partner of Lucas Brand Equity LLC, pleaded guilty in…
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Ponzi Scheme Bulletin
Recent developments in several high-profile, Ponzi scheme cases have renewed questions about the extent of the fallout from investment fraud…
Read MoreSecurities America Faces $18 Million Lawsuit Following Former Advisor’s Cop to Ponzi Scheme
In late February 2019, former music industry executive Robert Jamieson and his family sued their former broker, Hector A. May,…
Read MoreBroker Barred for Steering Clients to Ponzi Scheme
The White House is not the only place where “fake news” is the big problem [...]
Read MoreFORMER INVESTMENT ADVISOR STEALS FROM INVESTORS IN PONZI SCHEME
Massachusetts charged a former financial adviser, Stephen S. Eubanks, with [...]
Read MoreFSC Securities Corp Hit With $1.28 Million FINRA Arbitration Award Arising Out Of Ponzi Scheme Featured On “American Greed”.
FSC Securities Corp. has been assessed $1.28 million by a FINRA arbitration panel for losses sustained by several investors who…
Read MoreRelationship Matters: Update On Tipper – Tippee Liability; Joseph Bartholomew Alleged Ponzi Scheme; And SEC’s New Fiduciary Rule
"It's All About the Rel', 'bout the Rel', No Problem…" is a Meghan Trainor-inspired musical way to think about two…
Read MoreHow Do Ponzi Schemes Work?
The 1920’s were roaring and just on the cusp of the communication age. The United States Postal Service was at…
Read MoreSan Francisco Art Dealers Implicated in $3.4 Million Ponzi Scheme
The FBI recently announced a 12-count federal indictment against Anthony Barreiro and Ernest Ray Parker, a/k/a Ray Parker Gaylord, two…
Read MoreLos Angeles Pastor Arrested For Running Ponzi Scheme Fraud
The FBI recently announced that it has arrested Luis Alonso Serna, a pastor based in the San Fernando valley area…
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