Atlantan indicted on Ponzi scheme that may have bilked $7 million from victims

AJC – An Atlanta business man has been indicted in a Ponzi scheme that could reveal $7 million when the case is done.

Charles Michael Vaughn was accused last week in federal court of tricking 25 people in Georgia, Tennessee, Florida and North Carolina into investing into a bogus hedge fund run by his company CM Vaughn LLC from 2001 to 2010.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply