Watch Out For Ponzi

Watch Out For Ponzi.Com   A Motley Trio Lands in Hot Water with the SEC over an Internet Investment Scheme Excerpt is taken from Barrons February 26, 2001 Dunlap’s lawyer, Krispen Culbertson, told Barron’s that his client was merely an early investor with McCall who thought he’d hit the big time. BY JIM McTAGUE • In the Age of the Internet, it appears that a sucker is born every nanosecond. According to the Securities and Exchange Commission, an alleged pack of Ponzi schemers in just six weeks last May and June siphoned $6.5 million from 860 investors who were expecting monthly returns as high as...

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