Most Recent
AdSurfDaily Agape agent American Integrity Aronson asset sales Attorney av bar reg baker bank bank of america Bankruptcy baumann bermudez black diamond blackwell bridge loan bull cattle CD celebrity cftc charity china China Voice church cityfund claims claims process clawback commission commodities commodity pool computer program congress Crown Forex currency death sentence denver diamond bar disgorgement Distribution Dodd-Frank donnan Dreier dunhill e-bullion elderly E-M Management SEC england Fairfield family FBI FDIC Fees female ponzi scheme financial advisor fine FINRA football forex fraud fufta fugitive Full Tilt gift card guilty plea GunnAllen hawaii Heckscher HSBC india invers forex janvey John Morgan JP Morgan kansas ken bell kenzie las vegas lawsuit lawyer libya Lifland machado Madoff Marian Morgan metro dream homes mets milberg millers a game Morgan European Holdings mortgage multiple schemes NCAA Net Winner new jersey notes objection Oxford Patrick Kiley paul burks PermaPave Pettengill Petters Picard poker Ponzi ponzi scheme ponzi scheme database ponzi scheme list Prime Rate profitable sunrise prosun pta puerto rico Rakoff real estate receiver receivership regulation relief defendants religion remission repeat offender restitution Rothstein RRA sec sentencing simmons sipa sipc snelling standing stanford stettin subpoena td bank telexfree treasury bonds treasury strip Tremont Trevor Cook UBS UFTA uga utah venture advisors Wachovia wilpon wire fraud woman zeek zeek rewards zeekler zeekrewards
Recent SEC Releases

Ponzi Case Websites

Often, a supervising court will appoint a bankruptcy trustee or equity receiver to oversee the marshaling and recovery of assets for victims of a particular Ponzi scheme.  Such a decision is often linked to the size of potential losses, as the costs of such an appointment are meant to be offset by future recoveries made possible through litigation and asset recovery efforts.  In addition to serving as a resource for victims and interested parties, these websites also serve as a central repository for case filings, updates from the Receiver/Trustee, and other important functions.  They are compelling resources, and this page will be regularly updated with links to these sites.


Ponzi Scheme: Arthur Nadel

Estimated Losses: Approximately $160 million



Ponzi Scheme: Bernard Madoff

Estimated Losses: $17 billion



Ponzi Scheme: R. Allen Stanford

Estimated Losses: $7 billion



Ponzi Scheme: Ronnie Gene Wilson - Atlantic Buillion & Coin

Estimated Losses: $57 million



Ponzi Scheme: Zeek Rewards

Estimated Losses: $600 million



Ponzi Scheme: Edward T. Stein Associates, Ltd.

Estimated Losses and/or Funds Raised: $30 million



Ponzi Scheme: Trevor Cook/Patrick Kiley/Bo Beckman - Crown Forex, Oxford Global Managed Futures Fund

Estimated Losses and/or Funds Raised: $300 million



Ponzi Scheme: James Temme/Stewardship Fund

Estimated Losses and/or Funds Raised:$35 Million



Ponzi Scheme: Heartland Financial

Estimated Losses and/or Funds Raised:$29 Million



Ponzi Scheme: MAK 1 Enterprises Group LLC

Estimated Losses and/or Funds Raised:$15 Million


Ponzi Scheme: Wealth Pools

Estimated Losses and/or Funds Raised: $66 Million



Ponzi Scheme: Matthew La Madrid / Plus Money Premium Return Funds

Estimated Losses: $30 Million 



Ponzi Scheme: Triton Financial / Kurt Barton

Estimated Losses: $75 Million



Ponzi Scheme: Cash 4 Titles

Estimated Losses and/or Funds Raised: $315 Million



Ponzi Scheme: Michael Kelly / Yucatan Investment Corporation

Estimated Losses and/or Funds Raised: $450 Million



Ponzi Scheme: David Ross / David Ross Group 

Estimated Losses and/or Funds Raised: $300 Million



Ponzi Scheme: Robert J. Andres, Robert L. Holloway / US Ventures and Winsome Investment Trust

Estimated Losses and/or Funds Raised$50 Million



Ponzi Scheme: Bruce Friedman / Diversified Lending Group

Estimated Losses and/or Funds Raised$126 Million



Ponzi Scheme: George Theodule / Creative Capital Consortium

Estimated Losses and/or Funds Raised$30 Million



Ponzi Scheme:  Joseph Signore, Paul Schumack / JCS Enterprises, T.B.T.I., Inc. 

Estimated Losses and/or Funds Raised$70 million


References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Response: Mr.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>