Alabama Securities Commission reveals investigation into Georgia Ponzi scheme
A Ponzi Scheme Investigation in Alabama Amanda Sen, the director of the Alabama Securities Commission (ASC), announced on Monday the initiation of an investigation into an alleged Ponzi scheme based in Georgia. This scheme is reported to have significantly funded several Alabama Republicans. “We have been in touch with authorities in both Alabama and Georgia […]
Wes Allen requests that Alabama recipients of Ponzi scheme money give it back.
Alabama Secretary of State Seeks Return of Ponzi Scheme Funds Alabama’s Secretary of State, Wes Allen, is requesting the return of contributions made to Alabama Republicans that originated from a large Ponzi scheme, estimated to be worth around $140 million. On Monday, he issued a press release urging those who received the funds to cooperate […]
Alabama officials looking into state connections to $140 million Ponzi scheme in Georgia
Alabama Investigates Political Contributions Linked to Ponzi Scheme Alabama officials are now looking into the state’s political contributions in relation to a significant Ponzi scheme originating in Georgia, which has garnered attention from federal regulators. The Alabama Securities Commission (ASC) revealed on Monday that it has initiated an investigation into First Liberty Building & Loan […]
