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Loan Modification
: Flipping FrenzyPonzi Schemes to be Renamed ?Pizzolato? Schemes
By Ralph Roberts
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Matthew B. Pizzolato, 26, of Tickfaw, Louisiana, was charged December 2, 2009 by a federal grand jury sitting in New Orleans in a 64-count indictment for operating an investment ?Ponzi? Scheme, announced U.S. Attorney Jim Letten.
Specifically, Pizzolato was charged with 52 counts of mail fraud ( counts 1-52 ), two [...]Full post as published by Flipping Frenzy on January 05, 2010 (boomark / email).
Lawsuits and Settlements
Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.
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