December 21, 2009 – Michael Bowen, 57 from Rancho Cucamonga, California, operated a Ponzi scheme by selling unregistered securities, purportedly investments in helicopter and storage facilities. These included Eagle Development Enterprises, Inc., Eagle Storage & Development, LLC, and Eagle Aviation Sales & Leasing, LLC. The SEC‘s complaint, filed in a federal court in…
December 22, 2009 – Donna Souza, 50, of Fall River, Massachusetts, and Jenna Souza, 25, also of Fall River, sustained serious personal injuries in a car accident, which occurred on Route 24 in Fall River last Thursday around 3:00 p.m. Donna Souza was the operator of a 2004 Buick Rendezvous, which rolled over…
December 16, 2009 – Stephen Clark, 22 of Tewksbury, Massachusetts, has died as a result of serious personal injuries sustained when his car collided head on with a tree. Clark was apparently sending text messages just prior to the accident. Clark was traveling down Andover Street in Lowell when…
December 9, 2009 – Rockford Funding Group LLC, a New York financial firm controlled by Genadi Yagodayev, was an investment scam, according to the Securities Exchange Commission. Rockford lured customers who believed that they were investing in “Fixed Dividend Contracts,” which purportedly generated 15 percent per year or more from…
December 7, 2009 – Striker Petroleum, LLC, a Dallas based oil and gas company controlled by Mark S. Roberts, 58, and Christopher E. Pippin, 35, was a massive Ponzi scheme, according to the complaint filed by the SEC last week. According to the SEC complaint, Striker raised approximately $57 million from…
December 2, 2009 – Anderson Cadell, Jr., 33, an environmental cleanup worker from Seabrook, New Hampshire, has died as a result of serious personal injuries sustained when he was struck by a car on Route 3 in Chelmsford, Massachusetts. Salvatore Pintone, 30 of Lynnfield, was working alongside Cadell and was…
November 26, 2009 – Trevor G. Cook and Patrick J. Kiley, both Minnesota residents, allegedly operated a foreign currency investment scam through their four main entities: UBS Diversified Growth LLC, Universal Brokerage FX Management LLC, Oxford Global Advisors LLC, and Oxford Global Partners LLC. According to the complaint filed by…
November 24, 2009 – The SEC alleges that Derek A. Nelson ran a Ponzi Scheme using fictitious companies: Capital Mountain Holding Corporation (“CMHC”), Systems XXI, Act I, LLC, and Systems XXI, Act II, LLC. In a Complaint filed last week in federal court for the Northern District of Texas, the…
November 23, 2009 – Sharlene O. Bauptista, 34 from Roslindale, Massachusetts, has died as a result of serious personal injuries sustained in a single vehicle car accident in the Sumner Tunnel on Sunday morning. Passengers Amaurys E. Objio and Jose Danny Baez, both 25 and from Roslindale, were ejected…
November 20, 2009 – Jose Funez, 35 from Revere, Massachusetts, has died as a result of serious personal injuries sustained when he involved in a car accident on Saturday night. Jonathan Spano, 29 from Winthrop, was driving a black 2006 Chevrolet Cobalt northbound on Revere Beach Parkway while Funez was…