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Monday, May 27, 2024 | Back issues
Courthouse News Service Courthouse News Service

$170 Million Ponzi

Brian Davison of Tampa, Barry M. Rybicki of Phoenix and their Equialt companies targeted elderly people in a $170 million Ponzi scheme from which they swiped millions for themselves, the SEC says in federal court.

TAMPA, Fla. — Brian Davison of Tampa, Barry M. Rybicki of Phoenix and their Equialt companies targeted elderly people in a $170 million Ponzi scheme from which they swiped millions for themselves, the SEC says in federal court.

Categories / Securities

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