Attorney General Edmund G. Brown Jr. yesterday filed 89 criminal charges against 6 men who "callously conned" more than a thousand people, including retired senior citizens, out of $52 million through sham real estate projects, using the investor's money to buy planes, expensive cars and lavish vacations. Ponzi Scheme: California Files Criminal Charges in $52 Million Ponzi Scheme
Friday, January 23, 2009
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