Alleged Cedar Funding Ponzi scheme defendant posts $1M bond

Full story: Santa Cruz Sentinel

The owner of bankrupt Cedar Funding investment company, who is facing federal fraud charges for allegedly operating a Ponzi scheme with investors' money, posted a property bond worth $1 million Thursday.

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Curious

United States

Bernie Madhoff's little buddy or simply a protege?

One of Those People

Oakland, CA

It's great to see this bigot get his just desserts. But remember -and it's especially true in this case- the fruit doesn't fall far from the tree...

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