SANTA ANA, California – The owners of a now-defunct Southern California real estate investment firm were arrested today for allegedly perpetrating a Ponzi scheme that ended with the bankruptcy of their company and caused private investors and banks collectively to lose well over $110 million when the scheme collapsed. Michael Stewart, 66, of Phoenix, […]
The post Founder of Bankrupt Real Estate Firm Indicted For Scheme That Lead to Over $110 Million in Losses appeared first on LawFuel.
