Ponzi scheme topic page

5:12 am on Saturday May 12, 2012

Pastor of downtown Charleston church accused of running Ponzi scheme

Image by Flickr user Micah A. Ponce Saint John's Reformed Episcopal Church at 91 Anson Street.Update May 12: Ronald Satterfield has entered into a deal in which he has neither admitted or denied the accusations, but he will pay some $3.5 million in...
3:33 am on Tuesday August 30, 2011

Al Parish investment debacle: Investors to get some cash from professional aids

The legendary Al Parish "Economan" graphic.Remember Charleston's legendary tale of Al Parish, the economic's professor who led an investment fund that actually turned out to be a $66 million investment scheme? If you do then you'll also recall that...
2:51 am on Thursday September 23, 2010

After investing debacle with Al Parish, a few investors likely to get all their cash back

The legendary Al Parish "Economan" graphic.Remember Charleston's legendary tale of Al Parish, the economic's professor who led an investment fund that actually turned out to be a $66 million investment scheme? If you do then you'll also recall that...
5:00 am on Tuesday January 5, 2010

South Carolina man admits to running Ponzi scheme, headed to the slammer

A South Carolina man has admitted to stealing around $2.5 million from at least 35 people in a Ponzi scheme dating back to 1995. The former Rock Hill insurance agent and investment broker is facing up to 20 years in prison after pleading guilty to...
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