Alleged Georgia Ponzi scheme operators gave money to North Alabama elected officials

Alleged Georgia Ponzi scheme operators gave money to North Alabama elected officials

HUNTSVILLE, Ala. (WHNT) — Two North Alabama elected officials say they have now sent back campaign contributions they received from a Georgia-based company that federal investigators contend was operating a Ponzi scheme. The Alabama Secretary of State's Office has called for any related contributions to be returned, and the Alabama Securities Commission said it has opened an investigation. Police say Huntsville apartment shooting that left …

GA bank owner allegedly running Ponzi scheme spent stolen $140M on vacations, rare coins

A Georgia-based bank is accused of running a multi-million-dollar Ponzi scheme. The bank's owner is under investigation for spending millions on family vacations, jewelry and contributions to Republican campaigns across the country.