Ponzi Scheme
Actor has assets frozen for involvement in $690m Ponzi scheme
He and his company promised 35% returns by reselling film rights to Netflix and HBO
17,000 retails investors stung in $1.7bn scam
Trio charged with running a Ponzi-like scheme by the US financial watchdog
UK watchdog takes duo to court after investors lose £30m
They reportedly promised investments in care homes for returns ranging between 8% and 10%
IFA jailed for £1.2m Ponzi scheme
Money was used to fund his ‘lifestyle and businesses’ and a ‘substantial’ gambling habit