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$658 Million Ponzi Scheme Busted! What can we learn?
PWS Pod
English - March 01, 2024 07:44 - 12 minutes - 13.4 MB - ★★★★★ - 61 ratingsInvesting Business Entrepreneurship cashflow apartmentinvesting realestateinvesting business apartments investing entrepreneur commercialrealestate coach cashflowinvesting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
First article: https://www.justice.gov/usao-nj/pr/leader-real-estate-investment-firm-admits-role-658-million-ponzi-scheme-and-multimillion
Second article: https://patch.com/new-jersey/secaucus/nick-salzano-secaucus-pleads-guilty-658-million-ponzi-scheme
Someone just pled guilty to a heap of charges on a $658 Million Ponzi scheme with National Realty Investment Advisors (NRIA). What can real estate investors learn so we can protect ourselves and avoid investing in a Ponzi scheme?