SEC Charges Promoters of “Green” Investments With Operating $30 Million Ponzi Scheme Based in Denver Area
November 17, 2009
Written by Editor in Green Investments, Green News, United States
According to the SEC Press Release, “The Securities and Exchange Commission today charged four individuals and two companies involved in perpetrating a $30 million Ponzi scheme in which they persuaded more than 300 investors nationwide to participate in purported environmentally-friendly investment opportunities. The SEC alleges that Wayde and Donna McKelvy, who were previously married and [...]
