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Corporate / Securities Law

Jul 7, 2009 | Posted by: roboblogger

3 Dallas businessmen accused of running $485 million Ponzi scheme 12:19 PM CT

Full story: The Dallas Morning News

The Securities & Exchange Commission filed civil fraud charges Tuesday against three Dallas businessmen, alleging they orchestrated a $485 million Ponzi scheme through a company called Provident Royalties LLC.

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cure

Dallas, TX

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Judge it!
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#1
Jul 7, 2009
 
Civil fraud charges do not bring a jail term does it. Nope: Pauy a fine and eturn to business as usual
fed up

Texarkana, TX

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Judge it!
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#2
Jul 10, 2009
 
Wish they would teach me step by step how they done it if its that easy to do and all the charges they get then shit i want to get in on some of that!
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