Woodbridge companies ordered to pay $1 billion for operating massive real estate Ponzi scheme

Woodbridge companies ordered to pay billion for operating massive real estate Ponzi scheme
Well-known luxury real estate developer Robert Shapiro and the group of companies he founded must pay back $1 billion for allegedly swindling thousands of investors out of hundreds of millions of dollars via a massive real estate Ponzi scheme, according to the SEC.
Source: https://www.housingwire.com/rss