Ponzi Schemes Go Green - http://digg.com/busines...
Nov 17, 2009
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Federal regulators have accused four people and two companies of using bogus claims about “green initiatives” to entice more than 300 investors into what was really a $30 million Ponzi scheme. “The only green these promoters seemed interested in was investors’ money,” said Don Hoerl, director of the commission’s Denver office.
- vijay