Ponzi Scheme http://wfae.org en In Charlotte, Conspirators Behind $850 Million Ponzi Scheme Due In Court http://wfae.org/post/charlotte-conspirators-behind-850-million-ponzi-scheme-due-court <p>Two of the people behind an $850 million Ponzi scheme are due in federal court in Charlotte this week. They're pleading guilty for their roles in defrauding investors worldwide, including more than 1,500 in the Charlotte area.</p><p> Mon, 03 Feb 2014 14:34:53 +0000 Michael Tomsic 44259 at http://wfae.org Guilty Pleas Due In ZeekRewards Scam http://wfae.org/post/guilty-pleas-due-zeekrewards-scam <p>The first guilty pleas are due this week in a massive North Carolina-based Ponzi scheme. Dawn Wright Olivares was the high-profile face of <u>ZeekRewards</u>, an online company that promised big returns on a small investment.&nbsp; As the company's former chief operating officer, she promoted the investment at public events and in interviews, calling it a great way to make money.&nbsp;</p> Sun, 02 Feb 2014 14:52:38 +0000 David Boraks 44219 at http://wfae.org Charlotte Investors Victim Of $44M Ponzi Scheme http://wfae.org/post/charlotte-investors-victim-44m-ponzi-scheme <p><span style="line-height: 1.5;">A Statesville man is indicted on charges of operating a $44 million dollar&nbsp;</span>Ponzi<span style="line-height: 1.5;">&nbsp;scheme that defrauded over 200 people since 2007.</span></p><p><span style="line-height: 1.5;">Daniel&nbsp;</span><span style="line-height: 1.5;">Williford</span><span style="line-height: 1.5;">&nbsp;faces five federal counts of money laundering following an FBI investigation.</span></p><p></p> Thu, 19 Dec 2013 22:42:47 +0000 Tasnim Shamma 41490 at http://wfae.org