Tuesday, October 3, 2023 | Back issues
Courthouse News Service Courthouse News Service

$20 Million Ponzi

The SEC brought a federal complaint accusing Todd Elliott Hitt, 53, of Arlington, Va., of running his real estate companies, Kiddar Capital and Kiddar Group Holdings, as a $20 million Ponzi scheme “to support his extravagant lifestyle.”

ALEXANDRIA, Va. — The SEC brought a federal complaint accusing Todd Elliott Hitt, 53, of Arlington, Va., of running his real estate companies, Kiddar Capital and Kiddar Group Holdings, as a $20 million Ponzi scheme “to support his extravagant lifestyle.”

Categories / Securities

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...