JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New Lawsuit Alleges
September 14 2024 - 12:48PM
The Daily Hodl
Banking giant JPMorgan Chase is accused of knowingly enabling an
alleged Ponzi scheme targeting retail investors. Plaintiff David
Stapleton alleges the bank boosted an obvious fraudulent scheme
orchestrated by Sanjeev Acharya, the CEO of Silicon Sage Builders,
which resulted in significant financial losses for investors.
Stapleton says Acharya raised more than $119 million from 250
[…]
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JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New
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$119,000,000 Ponzi Scheme, New Lawsuit Alleges
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JPMorgan Chase ‘Knowingly Assisted’ $119,000,000
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