A New Bedford, Massachusetts couple admitted in federal court in Boston yesterday that they carried out a scheme to cheat their own insurance clients—using their company, BL Insurance Brokerage, LLC, as the vehicle for the fraud.
A financial group’s chief executive is accused of orchestrating the largest Ponzi scheme in Georgia’s history—allegedly funneling investors’ money into a lavish, jet-set lifestyle that included a luxury yacht, a multimillion-dollar beachfront condo in Mexico, high-end cars, designer jewelry, and private jet charters.
A New Bedford, Massachusetts couple admitted in federal court in Boston yesterday that they carried out a scheme to cheat their own insurance clients—using their company, BL Insurance Brokerage, LLC, as the vehicle for the fraud.
