Real Estate Developer Woodbridge Is Being Sued Over a $1.2 Billion P...

12/22/17


Fortune

Real Estate Developer Woodbridge Is Being Sued Over a $1.2 Billion Ponzi Scheme that Defrauded the Elderly
Fortune
Woodbridge is under new management and has said it intends to use Chapter 11 to restructure some $750 million in debt and finish high-end properties under development. The Owlwood estate, which it has put on the market for $180 million, is being used ...
SEC files fraud lawsuit, asset freeze in $1.2B alleged Ponzi schemeSouth Florida Business Journal
This Ponzi scheme moved $1.2 billion as it defrauded 8400 investors, the SEC saysMiami Herald
Securities regulator charges Boca Raton investment firm with Ponzi schemeSun Sentinel
Florida Trend
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