The Three Crooks in a Ponzi Scheme

Three crocs are now in prison for stealing 345 million dollars in a Ponzi scheme. They stole one and a half million dollars per victim on average 230 investors all told they've now agreed to pay the SEC 235 million in restitution. The con men use the money they collected to fund lavish lifestyles. It took the SEC five years to find out about this one and shut it down And the wives of two other crooks were also named as defendants.