Tag: Fraudulent investment schemes
Beware of Senior Scam: Henderson Man Indicted by DOJ, Millions Lost
A Henderson man named Zhao Wang was recently indicted by the Department of Justice for his involvement in a scam that targeted over 2,000 elderly individuals, resulting in a total loss of $27 million....
Texas Woman Sentenced for Involvement in Ponzi Scheme Targeting Senior Citizens
Debra Mae Carter, a 65-year-old woman from Texas, has been sentenced to life in prison for her involvement in a Ponzi scheme that targeted senior citizens. Working alongside William Neil Gallagher, also known as...