Judge John Harrah Sentences Ponzi Scheme Crook to 20 Years

The guy’s name this time is Frank Castaldi. The U.S. Attorney’s press release follows: SUBURBAN MAN SENTENCED TO 23 YEARS IN PRISON AFTER HUNDREDS OF VICTIMS LOST MORE THAN $30 MILLION IN 22-YEAR “PONZI” SCHEME CHICAGO — A Ponzi scheme … Continue reading

Another Chicago Area Ponzi Scheme

The U.S. Attorney’s Office has issued the following press release about another alleged Ponzi scheme in Chicagoland: FRANK A. CASTALDI CHARGED WITH ALLEGEDLY SWINDLING MORE THAN 450 INVESTORS IN $77 MILLION PONZI-SCHEME CHICAGO – A suburban businessman who offered and … Continue reading