Saturday, March 25, 2023 | 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.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading...