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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.

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