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Tag Archives: Ponzi scheme

‘Average Joe’ attorney Menard accused of running Ponzi scheme

Office of Lawyer Regulation

A new set of felony charges filed against the Milwaukee attorney Robert Menard allege he was running a Ponzi scheme and accuse him of stealing about $250,000 from his clients. Menard, who billed himself as a worker's compensation lawyer for the "Average Joe," is already faced with two other lawsuits alleging he had stolen hundreds of thousands from clients and his former business partner.

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Judge denies former NBA player’s fraud appeal

A federal judge on Friday rejected jailed former NBA player Tate George's appeal of his 2013 fraud conviction, ruling that the government provided ample evidence for a jury to find him guilty of running a real estate Ponzi scheme.

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Cedarburg man sentenced to 36 months in prison for Ponzi scheme (UPDATE)

A Cedarburg man was sentenced Tuesday to 36 months in prison for defrauding investors of nearly $3 million in a Ponzi scheme. Eric Schmickle, 38, was sentenced in U.S. District Court in Milwaukee. Schmickle’s sentence, handed down by U.S. District Judge Randolph Randa, includes restitution of $2.9 million, one year of supervised release and court costs. That restitution is separate ...

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Former NBA player charged in NJ Ponzi scheme (UPDATE)

By SAMANTHA HENRY Associated Press NEWARK, N.J. (AP) — Tate George, who hit one of the most memorable shots in UConn basketball history and then went on to a brief NBA career, surrendered to federal authorities in New Jersey on Friday to face charges stemming from what prosecutors say was a Ponzi scheme. George used his company, which he purported ...

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