Phony Grocery Ponzi Schemer Reaches Plea Deal
The alleged architect of an $880-million Ponzi scheme may have copped to the charge, The Associated Press reports.
According to prosecutors, Nevin Shapiro, the man behind already suspicious-sounding Capitol Investments USA, bilked more than 60 investors using the technique pioneered by Charles Ponzi in 1920 and perfected by Bernie Madoff through the 1990s and Read More
