Shadow CEO of NJ Developer Pleads Guilty to Ponzi Scheme therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
CEO of shuttered NRIA admits role in $658M Ponzi scheme njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.
Established in 2018, Vermeer Partners is an independent investment management business for private clients, charities, trustees and professional advisers
What neither NRIA nor the Fund bothered to tell investors was as noted at the outset: the monies were in fact used to pay enough distributions to keep investors interested, much as in Charles Ponzi’s scheme