Tag Archives: Professional Financial Investors

Professional Financial Investors Admits to $330 Million Ponzi Scheme

October 01, 2020  |   Posted by :   |   Ponzi Schemes   |   Comments Off on Professional Financial Investors Admits to $330 Million Ponzi Scheme

Professional Financial Investors, Inc., and specifically, its former president, Lewis I. Wallach, was charged by the Securities and Exchange Commission and consented to the entry of a judgment in connection with operating a $330 million Ponzi Scheme and stealing $26 million from investors.  The U.S. Attorney’s Office for the Northern District of California also filed […]

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