According to prosecutors, Jeff Carpoff and others used "Ponzi-like circular payments" to pay older investors with newer investors' money as the company's losses mounted.
Read more on NPR
Thursday, 11 November 2021
loobobilly News: A solar firm owner is sentenced to 30 years over a billion-dollar Ponzi scheme
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According to prosecutors, Jeff Carpoff and others used "Ponzi-like circular payments" to pay older investors with newer investors' money as the company's losses mounted.
Read more on NPR
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