Ponzi Scheme

<span style="font-weight: 400;">The owners of DC Solar <a href="https://www.justice.gov/usao-edca/pr/top-executives-plead-guilty-participating-billion-dollar-ponzi-scheme-biggest-criminal"><strong>pleaded</strong></a> guilty Friday in California to charges relating to a Ponzi scheme in which they defrauded investors of $1 billion by selling them solar generators that did not exist. </span>

SACRAMENTO, Calif. – The owners of DC Solar pleaded guilty Friday in California to charges relating to a Ponzi scheme in which they defrauded investors of $1 billion by selling them solar generators that did not exist.

Categories / Business, Criminal

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