The Securities and Exchange Commission obtained an asset freeze and other emergency relief to halt an ongoing Ponzi scheme targeting retired bus drivers living in the Los Angeles area.The Commission alleges that Thomas L. Mitchell, (“Mitchell”), through his investment advisory firm Mitchell, Porter & Williams, Inc.
Posts Tagged ‘Bus Drivers’
SEC HALTS $14.7 MILLION PONZI SCHEME TARGETING RETIRED BUS DRIVERS
March 4th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Ab3, Advisory Firm, Bus Drivers, Bus Operators, Complaint Alleges That, Emergency Relief, Investing In Stocks, Investment Trust, Investor Money, Living Expenses, Lump Sum Payment, Mitchell Porter, Mpw, New Investor, Ponzi Scheme, Promissory Note, Retirement Money, Retirement Pensions, Securities And Exchange Commission, Stocks Bonds 
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