Alleged Woodbridge $1.22B Ponzi Scheme Rocks Financial World

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The Securities and Exchange Commission has sued Robert Shapiro, accusing the former chief executive of Woodbridge Group of operating a Ponzi scheme that raised more than $1 billion from individual.

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Alleged Woodbridge $1.22B Ponzi Scheme Rocks Financial World The booming market does not mean all that glitters is gold. According to the SEC anyway, one such trap for the unwary may have been the real estate investment empire created by Robert Shapiro and the Woodbridge Group of Companies.

Alleged Woodbridge $1.22B Ponzi Scheme Rocks Financial World The booming market does not mean all that glitters is gold. According to the SEC anyway, one such trap for the unwary may have been the real estate investment empire created by Robert Shapiro and the Woodbridge Group of Companies.

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Woodbridge’s alleged Ponzi scheme hits home for Treasure Coast seniors bilked of savings "It was all I had.. If it wasn’t for Medicare, we’d be out in the street like the rest of the.

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Around 200 alleged victims identified in ‘ponzi scheme’. Nation & World; Govt & Politics; I-Team: Investigations; Jamie Dupree; Ohio Politics Blog; Web Links; iWitness7; Lottery Results;

Thousands of investors in South Florida and nationally have been defrauded in a multi-billion dollar Ponzi scheme operated by Robert Shapiro and his Boca Raton-based Woodbridge Group of Companies, LLC (Woodbridge). Woodbridge and Shapiro are charged with defrauding over 8,400 investors out of $1.2 billion.

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