Friday, September 21, 2018

Lots of supercar Ponzi schemes these days.

Dozens of supercars amassed in alleged $364 million Ponzi scheme.

"Federal prosecutors in Baltimore have issued a 14-count indictment against three men accused of using a Ponzi scheme to defraud investors of more than $364 million, saying that two of them diverted the money in part to amass a jaw-dropping portfolio of 28 mostly luxury automobiles, supercars and motorcycles, including Ferraris, Lamborghinis and Rolls-Royces — and one Ford Explorer."

The last one I wrote about a couple of weeks ago with the largest Porsche dealership in America. Here.

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