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Home» Posts tagged "ponzi schema"

Philadelphia Financial Adviser (Life’s Good in Philadelphia) Arrested for Suspected Fraud

Posted on November 9, 2010 by PennyStockHaven in Commentary

Robert Stinson Jr. has been arrested on allegations that he defrauded 260 investors of $17 million in a Philadelphia Ponzi scheme that was halted in June by the Securities and Exchange Commission. Stinson, 55, was arrested this morning, the U.S. Attorney’s office in Philadelphia said. In a 21-count grand jury indictment, unsealed today, prosecutors alleged […]

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