ponzi schemes

In the 5 1/2 years since attorney Sheila Gowan began liquidating Marc Dreier’s former law firm, she’s collected $79 million to help repay the de

Keith Simmons is not a household name. His Ponzi scheme, which was uncovered in 2009, cost his victims more than $35 million, a much smaller figure than, say, the $20 billion fraud perpetrated by Bernie Madoff (which came to light five years ago Wednesday) or R. Allen Stanford’s $7 billion scam.

It was seemingly overnight that a larger-than-life personality made a splash on the South Florida social scene, showing off his luxury cars, tailored suits and trophy wife as well as dropping big bucks on multiple charities and sports sponsorships.