A recent post discussed a former United States Navy SEAL from California who was arrested on federal firearms charges for transporting and storing heavy weapons, including military grade explosives and machine guns, with the intent to sell them on the black market.
No one wants to be the target of an investigation into suspected federal crimes, but that is exactly what is happening to employees of a California based wealth management company. Federal authorities raided the company's offices and its founder's home for allegedly fleecing its investors and lenders. The company allegedly perpetrated a Ponzi scheme that included a property-flipping scheme. The company's founder denies all allegations of wrongdoing.