Chattanooga Lookouts owner faces fraud charges for running “massive Ponzi scheme” — Scam Guards

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Federal regulators have charged the owner of the Chattanooga Lookouts baseball team with “running a massive Ponzi scheme for over a decade” that has defrauded more than 400 investors already and continues to illegally raise more money to try to pay off previous investors. In a 40-page complaint filed in federal court Friday, the U.S. Securities and [...] To keep reading about Chattanooga Lookouts owner faces fraud charges for running “massive Ponzi scheme” — Scam Guards, Click on the link. Seoul, Korea
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