Showing posts with label Ponzi Schemes. Show all posts
Showing posts with label Ponzi Schemes. Show all posts

Thursday, February 11, 2010

Land of 10,000 Ponzi Schemes

Kare 11 reporter Trisha Volpe asks; Hecker just another Petters?

The charges are about the same. The amount of money at issue in the criminal charges is very different. Petters was convicted in a more than $3 billion dollar ponzi scheme. Hecker is charged with allegedly defrauding lenders and others of several million. If found guilty, Hecker could still go to prison for a very long time.


But will there be audio like this?