Friday 27 January 2017

Two Men Charged in $81 Million Ponzi Scheme Involving Adele, 'Hamilton'

Two men were hit with criminal charges after being accused of running a $81 million Ponzi scheme that revolved around on-demand tickets for shows such as Adele and Hamilton.

Joseph Meli and Steven Simmons were charged Friday with securities fraud, wire fraud and conspiracy after bilking over 125 investors in a fake scheme built around the lucrative secondary ticket market,

This article originally appeared on www.rollingstone.com: Two Men Charged in $81 Million Ponzi Scheme Involving Adele, 'Hamilton'



from Rolling Stone Latest Sports and Music and Movies and Politics and Culture News http://www.rollingstone.com/culture/news/two-men-charged-in-81-million-ponzi-scheme-involving-hamilton-w463418

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