Whip
05-14-2012, 11:57 PM
NJ woman accused of running Ponzi scheme
HACKENSACK — Authorities say a New Jersey woman operated a Ponzi scheme over a six-year period by telling people they could invest in a hedge fund operated by financier George Sorros.
Sorros never heard of Dunya Predovan or the hedge fund.
Bergen County’s prosecutor says the 58-year-old collected approximately $450,000 and investors never received any money.
The Manahawkin resident is held on $100,000 bail, charged with theft by deception and issuing bad checks.
It’s not clear if she has hired a lawyer.
NJ woman accused of running Ponzi scheme | Daily Record | dailyrecord.com (http://www.dailyrecord.com/viewart/20120514/NJNEWS10/305140021/NJ-woman-accused-running-Ponzi-scheme?odyssey=tab|topnews|text|FRONTPAGE)
HACKENSACK — Authorities say a New Jersey woman operated a Ponzi scheme over a six-year period by telling people they could invest in a hedge fund operated by financier George Sorros.
Sorros never heard of Dunya Predovan or the hedge fund.
Bergen County’s prosecutor says the 58-year-old collected approximately $450,000 and investors never received any money.
The Manahawkin resident is held on $100,000 bail, charged with theft by deception and issuing bad checks.
It’s not clear if she has hired a lawyer.
NJ woman accused of running Ponzi scheme | Daily Record | dailyrecord.com (http://www.dailyrecord.com/viewart/20120514/NJNEWS10/305140021/NJ-woman-accused-running-Ponzi-scheme?odyssey=tab|topnews|text|FRONTPAGE)