BETRAYED: Investors Tell All – The Story of the Wextrust Ponzi Scheme
$23.95
Investors Tell the Truth… Inside a Ponzi Scheme
Consumer fraud prevention advocate Vivian Orgel, was one of the 1,400 investors affected by the WexTrust Ponzi scheme, but who influenced an additional payout of over $5 million, along with a few other investors. Personal financial loss compelled her to direct her advocacy efforts to draw public attention to the ongoing mishandling of the WexTrust Ponzi scheme. Fueled by financial loss, she couldn’t accept the ongoing mishandling of the case. The investors share their experience within the Ponzi and how the SEC, IRS and the Receiver (appointed to manage the case), handled their investment money and the statute of limitations. Discover lots of surprises, including that The WexTrust judge also presided over the Bernie Madoff case. (711 pages)
See some of what you’ll learn in this book.
On August 28, 2008, the SEC seized the WexTrust Investment Company and indicted its principals. That was the beginning of the nightmare for 1,400 WexTrust investors.
Vivian says, “The real injustice happened when the courts took over. I know, because I am one of the WexTrust victims who were in the process of investing more. I couldn’t accept the way we were treated. So I fought, with a few of the victims, to improve our situation, getting over five million dollars back from holdbacks. But, it was still not enough to save us all from food stamps and losing our homes.”
See Vivian talk about her crusade against consumer fraud on WAVY-TV News.
– Written by Vivian Orgel, owned by MBBC. Inc.
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