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

Ponzi Scheme

Brett Pittsenbargar, of Austin, Texas, raised $18 million from investors and took at least $1 million in commissions through his MGM Home Remodeling LLC, fka BP Financials LLC, dba BP Financials & Tax Design Group, in the $1.2 billion Woodbridge Ponzi scam, the SEC  claims in federal court.

LOS ANGELES — Brett Pittsenbargar, of Austin, Texas, raised $18 million from investors and took at least $1 million in commissions through his MGM Home Remodeling LLC, fka BP Financials LLC, dba BP Financials & Tax Design Group, in the $1.2 billion Woodbridge Ponzi scam, the SEC claims in a federal complaint.

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...