Blog Posts
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FTX created huge losses for many – similar to Madoff Ponzi scheme
AT-A-GLANCE: REPORT No. 1 Report No. 1 describes a fraudulent investment scheme known as FTX, which operated as a Ponzi scheme. The operators of FTX promised high returns to investors, but in reality, they were using new investors’ money to pay off earlier investors, without generating any actual profits. The scheme eventually collapsed, leading to…
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Meet Richard S. Lehman, Tax Attorney
My name is Richard Lehman, I have been a tax lawyer for 54 years and it has been a privilege. After many years of mostly working in the international tax field, a guy named Bernie Madoff came onto the scene along with hundreds and maybe thousands of investors, who had been fooled by Madoff into…