Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Tuesday, May 21, 2024 | Back issues
Courthouse News Service Courthouse News Service

Nine Accused Of Running Ponzi Scheme

SALT LAKE CITY (CN) - Nine people who run 10 corporations defrauded investors of more than $4 million by selling bogus securities in a real-estate Ponzi scheme, two Mexican investors and a Mexican corporation claim in Federal Court. They demand restitution and punitive damages from Asset Recovery Trust, Danny M.K. Wong, David Thacker, Kelly Thacker, Integrity Office Support LLC, Joseph K. Yao, Dwight Williams, Brian Childs, Kenneth McCabe, Frank Ho, Robert W. Jinks, Dressel Investments LTD USA, Dressel Investments Ltd., Top and Top LTD, Elite Portfolio, Elite Dynamics, Dressel Investment Consultants, Options Limited, and Dressel Portfolio Management. See complaint.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.