What we see are schemes stacked upon schemes, draining resources meant for those in need.

(that's lying by omission)Two Former Directors of Boston Nonprofit Indicted on Additional Fraud ChargesDefendants allegedly defrauded Boston COVID-19 relief fund and Boston Office of Housing StabilityBOSTON – The former founder and chief executive of the local nonprofit Violence in Boston (VIB) and her husband, also a former founding director of the organization, have been charged in a superseding indictment today charging additional schemes to defraud the City of Boston out of COVID-19 relief funds and rental assistance money.

OC investment guru charged with bilking $62.5 million from clients – Orange County RegisterBy Tony Saavedra Orange County Register UPDATED: September 9, 2025 at 6:44 PM PDTMarco Giovanni Santarelli billed himself as a “wealth creator.”On podcasts and websites, Santarelli, 56, pitched his Laguna Niguel private equity firm, Norada Capital Management, which offered unsecured, high-yield promissory notes backed by investments in Broadway musicals, real estate and cryptocurrency.But federal authorities allege it was all a scam, a Ponzi scheme that bilked some 500 clients nationwide of $62.5 million in investments — retirement money, family savings, nest eggs.Santarelli was charged Monday, Sept. 8, with one count of wire fraud and faces up to 20 years in prison if convicted, according to the U.S.

In Ponzi-scheme fashion, Santarelli made interest payments to investors using other investors’ money.In total, Santarelli caused more than 500 investors to lose approximately $62.5 million.An information contains allegations.

Don't try to scheme for every penny ignoring risk and liability exposure.

Quote from @Dennis Summerford: Quote from @Alex Tank: PONZI SCHEME, yes, I do have experience investing in Norada.

Pretty sure he stole from people in a ponzi-scheme or something.You guys are classic.  

In the grand scheme of things, though, both represent a possible source of return, so the most profitable real estate investment is the one in which the sum of cash flow and appreciation is highest.

Defendants and AllegationsThe complaint targets several individuals and companies—most notably Cameron Jones, Gazelle Investors, LLC, and others—accused of running an equity-stripping scheme that targeted homeowners facing foreclosure.Azag+13.

Social media has weaponized the advertising of schemes to people who are susceptible to get rich quick schemes.