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Wednesday, July 23, 2014

Another Radio Host Ponzi Scheme


Seems like hosts of financial radio shows are getting in trouble on a regular basis these days. The feds say 46-year-old South Florida man Philippe Bourciquot used his radio show to defraud investors of millions in a Ponzi scheme. Authorities say Haitian-Americans were the target and Bourciquot was preying upon members of the same ethnic community, building trust with his victims. Bourciquot hosted a show on WSBR-AM. More details here at CBS Miami.

View the original article here