Episode Details

Back to Episodes
Due Diligence: California Real Estate Ponzi Scheme Uncovers Fraud

Due Diligence: California Real Estate Ponzi Scheme Uncovers Fraud

Episode 946 Published 5 years, 7 months ago
Description
The death of a California real estate investor has uncovered what appears to be a 30-year-old Ponzi scheme and hundreds of victims who don't know if or when they'll get their money back.  Kenneth Casey died suddenly of a heart attack in May which led to a post-death audit and the discovery of financial irregularities at his two companies. In addition to an SEC investigation, investors are now hoping that a bankruptcy filing will help them recover some of the millions that they have invested.   www.NewsForInvestors.com
Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us