It didn’t take a local ophthalmologist long to start second-guessing his $800,000 investment in a fledgling Appalachian coal mining operation. And now he has filed a lawsuit to try and recover his money.
The lawyer representing a local man named in Ponzi scheme lawsuits filed by federal authorities in Florida says there’s more to the story. Chris Bruno, an attorney in Northern Virginia who is defending Richmond businessman William Center, said Center has agreed to cooperate with authorities in recovering the money that was collected in the scheme…. Read more »
The attorney working to recover funds from a $28 million Ponzi scheme says there are people and entities in Richmond and that may have profited from the alleged fraud.
A Richmond man allegedly helped run a $28 million Ponzi scheme that was uncovered in June, according to two regulatory agencies and civil suits filed in Florida.
Developer Justin French said Friday that he was not told why FBI and IRS agents raided his Shockoe Slip office Thursday. He also said he’s done nothing wrong.
Agents take computers and boxes of documents from embattled developer Justin French’s office, and sources say the investigation centers on potential fraud related to historic tax credits.
A Chesterfield video game publisher is suing the developer of its best-selling title, a game which allows users to pretend to care for a baby.
State Sen. John Watkins is the most business-friendly lawmaker in Central Virginia, according to Virginia FREE.
At least a small chunk of the billions of dollars BP has set aside to pay claims for the gulf oil spill will make its way to Richmond.
On February 24 and 25, items removed from the Virginia State Capitol during the 2007 renovation will be up for public auction.