Wednesday, September 24, 2014

Cincinnati man pleads guilty to $8.7 million Ponzi scheme


Cincinnati man pleads guilty to $8.7 million Ponzi scheme


John Bullar pleaded guilty to wire fraud and money laundering. Federal investigators say he took $8.7 million from friends, family and fellow church members. Bullar spent it to pay mortgage on his home, vacations, home renovations, and boats. Bullar faces ...


Cincinnati money manager admits running Ponzi scheme


Another Cincinnati money manager has admitted running a Ponzi scheme after being caught by the federal government. John R. Bullar pleaded guilty Tuesday to a count each of wire fraud and money laundering leveled by the U.S. Commodity Futures Trading ...



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