Prime Automotive | The Portland Press Herald | J. Craig Anderson | November 21, 2019 An investor has filed a federal lawsuit accusing the majority owner of the Maine auto dealership chain Prime Automotive Group of operating a $1.8 billion Ponzi scheme. A legal complaint filed Nov. 6...
Ponzi scheme | November 21, 2019 The U.S. Attorney's Office for the Western District of Lousiana charged Capital Energy Investment's owner, Donnie Laing, with nine counts of wire fraud. These charges stem from his involvement in a million-dollar Ponzi scheme, which was orchestrated through his limited liability...
Ponzi Scheme | Finance Train GPB Capital Holdings has attracted a great deal of attention since 2017 when it entered litigation against a former business partner who allegedly reneged on a sale of multiple car dealerships. Since then, former GPB Holdings operating partner, Patrick Dibre alleged that...
Black Harbor | The Greenville News | Kirk Brown, and Carol Motsinger | November 7, 2019 Federal authorities have seized nearly $320,000 and two vehicles from Black Harbor Wealth Management founder Chris Dixon and his wife in connection with a criminal case highlighted in Indebted, the yearlong...
FIP Lawsuit | The Greenville News | Kirk Brown, and Carol Motsinger | November 5, 2019 They invested savings in schemes that duped thousands of people in at least 33 states. Now, some have almost nothing left. Drucilla Perry's money was never meant for her. Dolores Stegelin was trying...
GPB Class Action | The DI Wire| November 7, 2019 A class action lawsuit was filed in an Austin federal court against GPB Capital Holdings, its affiliates, company executives, and the 80 broker-dealers that purportedly sold the company’s investment products to retail investors. A class action lawsuit was...
GPB Lawsuit | Scientology Money Project | November 7, 2019 [audio mp3="https://gpblawyer.com/wp-content/uploads/2019/11/GPBWhistleblower.11.06.19.mp3"][/audio] Read the Detailed Press Release The law firms of Peiffer, Wolf, Carr & Kane and Meyer Wilson conducted a news conference today in which whistleblower Toni Caiazzo Neff laid bare allegations against GPB Capital and its Scientologist...
GPB Ponzi Scheme | Law360 | Jack Queen | November 6, 2019 Law360 (November 6, 2019, 9:35 PM EST) -- The controversy enveloping private equity fund GPB Capital Holdings LLC widened Wednesday with a proposed class action alleging the firm folded shady Russian money into a $1.8 billion...
GPB Ponzi | Investment News | Bruce Kelly | Nov 6, 2019 Attorneys say investment firm's returns to investors came from new investors, not from business operations. Self-dealing, conflicts of interest and operating a Ponzi scheme were at the heart of GPB Capital Holdings and its ability to raise...
PEIFFER WOLF/MEYER WILSON: “ROTTEN TO THE CORE FROM DAY ONE,” GPB CAPITAL RAISED AT LEAST $1.8 BILLION THROUGH PONZI SCHEME FLAGGED BY WHISTLEBLOWER Madoff All Over Again? Whistleblower’s “Smoking Gun” Analysis of GPB Capital Scheme Was Contained in Files Indicted Ex-SEC Official Is Alleged to Have...
Call Us Now