By Dan Christensen, BrowardBulldog.org
Federal prosecutors and FBI agents in South Florida are investigating allegations of yet another massive investment fraud in which thousands of investors across the U.S. and Canada are said to have lost $170 million, Broward Bulldog has learned.
The investigation began last month after a 50-page preliminary report about the “Ponzi-style” scam was sent to a Miami federal judge by a court-appointed special master. The report called for sweeping criminal probes by U.S. and Canadian law enforcement.
“The unassailable fact (is) that thousands of investors/owners, and by extension their families in the U.S. and Canada, as well as other countries, have been financially destroyed,” says the report by Miami lawyer Thomas Scott, a former federal judge and U.S. Attorney.