[Original post Feb 2011, Updated and Reposted Feb. 2021] The U.S. Attorney’s Office in Manhattan has charged a hedge fund manager with insider trading. Donald Longueuil was charged with conspiracy to commit securities and wire fraud and obstruction of justice. The obstruction charge stems from Longueuil’s middle of the night efforts to destroy computer hard […]
Author of "Bulletproof Asset Protection" Indicted!
by Brian Mahany William Reed is a former lawyer and the author of the book titled “Bulletproof Asset Protection.” As of July 2011 he can add an indictment to his resume. The feds have charged Reed with Conspiracy to Defraud the United States, Money Laundering Conspiracy and multiple counts of Aggravated Identity Theft, Mail Fraud, […]
$200 Million Ponzi Scheme Targeted Orthodox Jewish Community
by Brian Mahany Readers of this blog know that we frequently report on religious affinity fraud. Catholics, the Black faith community, and even the Amish have seen multimillion dollar Ponzi schemes and frauds this year. Orthodox Jews are unfortunately no exception. According to a recent press release from the U.S. Attorney’s Office, the feds have […]
The Life and Times of Frederick Berg – Inside Seattle’s Largest Ponzi Scheme
[Post updated January 2020] Frederick Darren Berg fancies himself the king of Seattle tour busses. Prosecutors say he is the mastermind of a $130 million Ponzi scheme, one of the largest frauds ever in Washington state. A federal grand jury indicted Berg two months ago and charged him with 9 counts of wire fraud, 2 […]