59 new alleged Ponzi schemes were revealed in 2016. This is down from 61 schemes uncovered in 2015 and 70 schemes in 2014. However, the $2.3 billion potential loss revealed in 2016 is far greater than the $800 million total from 2015. 67 individuals were sentenced in 2016 for Ponzi-related violations.
Continue reading...
No comments:
Post a Comment