U.S. charges Connecticut teenager with running Ponzi scheme | Business Information & News | Westlaw

U.S. charges Connecticut teenager with running Ponzi scheme | Business Information & News | Westlaw

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1/9/15 REUTERS 22:15:00
REUTERS
Copyright © 2015 Thomson Reuters
January 9, 2015
U.S. charges Connecticut teenager with running Ponzi scheme
Jonathan Stempel
(Reuters) - A Connecticut teenager has been indicted for allegedly running a nearly $500,000 Ponzi scheme in which he falsely promised high investment returns by reselling electronics online and promoting concerts in Connecticut and Rhode Island.
Ian...
---- Index References ----
News Subject: (Criminal Law (1CR79); Fraud (1FR30); Social Issues (1SO05); Corruption, Bribery & Embezzlement (1EM51); Legal (1LE33); Financial Fraud (1FI18); Government Litigation (1GO18); Crime (1CR87))
Region: (USA (1US73); Americas (1AM92); Connecticut (1CO13); Rhode Island (1RH18); U.S. New England Region (1NE37); North America (1NO39))
Language: EN
Other Indexing: (W&B Investments) (Ian Parker Bick; Jonathan Einhorn; Kim Hong-Ji; Deirdre Daly; Joan Margolis)
Keywords: banking; securities (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OVR)
Word Count: 330
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