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$100 Million Scam

The Colorado Securities Commission sued Robert J. Parfet, Jumar Management and 13 others, claiming they defrauded investors nationwide of more than $100 million in Jumar Funds and other funds, as part of a $390 million Ponzi scheme, in Denver County Court.

DENVER — The Colorado Securities Commission sued Robert J. Parfet, Jumar Management and 13 others, claiming they defrauded investors nationwide of more than $100 million in Jumar Funds and other funds, as part of a $390 million Ponzi scheme, in Denver County Court.

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