Posts Tagged ‘Ponzi scheme’
Fact-checking CNN GOP debate
Fact-checking the CNN/Tea Party Express GOP Debate By Bill Adair The CNN-Tea Party Express debate in Tampa on Monday night was dominated by talk about Social Security and the need for government to balance its budget. Read More
16-year prison sentence for ringleader
Attorney General announces 16-year prison sentence for ringleader of multimillion-dollar commercial Ponzi scheme DENVER — Colorado Attorney General John Suthers announced today that a Denver judge has sentenced John Reinholdt II (DOB: 1/10/1972) to 16 years in prison and ordered him to pay $2.5 million in restitution for his role in running a commercial Ponzi scheme. “Criminals that defraud Colorado banks drive up the cost of home loans and other credit for all consumers,” Suthers ... Full Story
