by admin | Dec 30, 2019 | Ponzi Scheme
By Lauren Cross of NWItimes.com A Lowell, Indiana, man accused of bilking more than 25 people out of millions in a crooked investment scheme has entered a guilty plea in U.S. District Court, to avoid taking the case to trial, records show. Richard E. Gearhart, 69,...
by admin | Oct 16, 2019 | Latest News
Sources: U.S. Securities and Exchange Commission, Indiana Secretary of State What is a private placement? A private placement, also sometimes known as an unregistered offering, is a way for companies to raise money from investors without having to conduct a public...
by admin | Oct 2, 2019 | Latest News
By Indianapolis Business Journal Staff An Indianapolis man who operated a downtown payroll services business pleaded guilty to federal charges Friday after admitting to conducting a fraud scheme that cost his clients and Internal Revenue Service more than $9.4...
by admin | Sep 30, 2019 | Ponzi Scheme
By James Leggate of FOXBusiness.com A man who authorities said took advantage of his Amish heritage to recruit novice investors into a fraudulent scheme has been ordered to pay $5.2 million, most of it to his clients. Indiana resident Earl Miller’s 72 investors lost...
by admin | Sep 19, 2019 | Latest News
By Sandra Chapman of WTHR 13 in Indianapolis A Carmel, Indiana family is taking on one of the largest e-cigarette manufacturers in the country. In a federal lawsuit filed in Indiana, Tom McCullogh said high levels of nicotine and youth-centered marketing caused his...
