Tai Lopez & Alex Mehr: $112M Ponzi Scheme Allegations
The SEC accuses Tai Lopez and Alex Mehr of Retail Ecommerce Ventures (REV) of running a $112M Ponzi scheme, misleading investors about brand performance from 2020-2022 with false claims.
Ex-TV Analyst McDonald Jailed for Investment Fraud
Ex-CNBC analyst McDonald sentenced to 5 years for defrauding investors of millions via Hercules Investments. Misused funds on personal expenses and Ponzi-like schemes. SEC accuses him of significant losses.