A Spokane County man has been accused of running an Internet-based Ponzi scheme that lured about 200 investors with promises of easy money on what turned out to be a bogus loan program. The U.S. Securities and Exchange Commission says Craig Jolly pocketed at least $628,000 of the $4 million solicited from 200 investors, using it to pay for an all-terrain vehicle, tractor rentals, medical bills for a hand injury, a Toyota Tundra truck, tools, supplies and his own money-losing stock trades on E-Trade.
Tag search results
Tags let us describe our content with keywords, making it easier to find what you're most interested in. Use the search box to look for tags, or explore our coverage with the lists below.