‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInPonzi scheme suspect paid $720K for prayers amid SEC probe – Beaumont Enterprise
An investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme spent nearly three-quarters of a million dollars on prayers by Hindu priests in India to ward off a federal investigation and save her failing business, according to testimony at her trial this week. Using investors’ money, Dawn Bennett paid a man in Washington state approximately […]
The “Dawn” of a New Day—and a New $20 Million Fraud Charge | Bloomberg BNA
But Bennett, a former radio personality in addition to her investment fund work, allegedly didn’t let that little setback slow her down. No, she picked herself up, dusted herself off, and, according to civil and criminal charges filed by the SEC and the Justice Department, started a brand new career as a Ponzi schemer and […]