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Loan Modification

: Flipping Frenzy

Long Beach Man Pleads Guilty to a Ponzi Scheme that netted $33 Million of Profits in Real Estate Invesments

By Ralph Roberts

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A 33-year-old Long Beach man who operated a number of ventures that he used to solicit money with false claims of profitable investments in real estate has pleaded guilty to a federal wire fraud charge. Jon Weldon James pleaded guilty yesterday afternoon to the federal offense related to [...]

Full post as published by Flipping Frenzy on February 19, 2010 (boomark / email).

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