Tagged: Nevin Shapiro

Ponzi schemer pleads guilty

Nevin Shapiro pleaded guilty to running an $880 million multi-state Ponzi scheme.  Law professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says to expect more and larger Ponzi schemes. “It is no use telling investors that ‘if the offering is too good to […]