Wednesday, September 27, 2023
Courthouse News Service
Wednesday, September 27, 2023 | Back issues
Courthouse News Service Courthouse News Service

Ponzi Scam

Algird Norkus and his company, Financial Update, raked in $6.4 million in a Ponzi scam by promising returns of 11 to 24 percent a year, the SEC claims in Chicago Federal Court.

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