DENVER (CN) – Jarrod McMillin ran a Ponzi scheme he called the American Investors Network, with cohorts Laurence Young (dba Fairweather Management), Anne Liebermann and Jason Kolakowski, the SEC claims in Federal Court. McMillin took $2.3 million from 280 investors, promising monthly profits of $10,000 to $20,000 on investments of $2,000, the SEC says. But guess what? See complaint.
- 4th Circuit
- Shareholder Class Action