June 3, 2010 – Luis Felipe Perez allegedly operated his investment business, which he claimed financed jewelry stores and pawn shops, as a massive $40 million Ponzi scheme. The Securities and Exchange Commission (“SEC”) filed a complaint, which alleges that from 2006 to June 2009 Perez operated his scam by…
June 1, 2010 – Sonia Mouco, 36, from Dartmouth, Massachusetts, suffered serious personal injuries when her Volkswagen Jetta was side-swiped by a Honda Civic, which was apparently racing a Honda Accord along Route 18 South in New Bedford. Xaviel Quinones, 18, of New Bedford, was operating the Accord while traveling…
May 22, 2010 – Edward Allen and David Olson operated their real estate company, A & O Investments, LLC, as a Ponzi scheme according to the Securities and Exchange Commission (“SEC”). The SEC’s complaint filed in an Ohio federal court claims that from September 2005 to December 2008 Allen and…
May 16, 2010 – Keith Yorke, 55, from Sandwich, Massachusetts has died as a result of serious personal injuries sustained when he was struck by a 1997 Ford Escort, driven by Nicole Giles, 18, from Mashpee. The accident occurred at around 5:17 a.m. while Yorke was walking his dog along…
May 10, 2010 – Victims of the Millennium Bank Ponzi scheme have survived a motion to dismiss filed by Defendant JPMorgan Chase Bank in their class action lawsuit. The complaint alleges that the bank aided and abetted the perpetrators of a $200 million Ponzi scheme which operated out of offices…
May 3, 2010 – Ashley Keohan, 25, from North Andover, Massachusetts apparently lost control of her vehicle and collided with a guardrail causing serious personal injuries to a male front seat passenger and her 15 month old son. The male passenger, whose identity has not been released, was thrown from…
April 22, 2010 – Nevin Shapiro allegedly operated Capitol Investments USA, Inc. (“Capitol”), a Miami based grocery diverter, as an investment fraud. According to the complaint filed by the Securities and Exchange Commission (“SEC”), Shapiro’s fraud raised $900 million from at least 60 investors across the country. According to…
April 20, 2010 – Ryan Smith, 21, from Amesbury, Massachusetts, has died as a result of serious personal injuries sustained when he was ejected from a car on Sunday. Corey Nason, 22, from Sanford, Maine, was driving the car, which rolled over on the ramp from Route 1 North to…
April 15, 2010 – A Tufts University student suffered serious personal injuries when he was struck by a vehicle as he was attempting to cross an intersection in Medford, Massachusetts. The accident occurred when the driver was trying to make a right turn from Boston Avenue onto College Avenue at…
April 5, 2010 – IRA custodians, Zia Trust, Inc., Sunwest Trust, Inc., and Sterling Trust Company, hold funds as custodians for investors with self-directed Individual Retirement Accounts (“IRAs”). It is now being alleged that at least one of these companies actively promoted investments with Douglas Vaughan, and his fictitious entities, now accused by…