A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...
Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.
The pitch offered a “truly passive, turnkey investment” that was “ideal for the passive investor.” For $8,500 to $10,000, you could own your own vending machine that dispensed one-gallon jugs of ...