Monday, January 27, 2020

"California couple pleads guilty to plotting $1B Ponzi scheme"

AP:

Among the investors was Warren Buffett’s Berkshire Hathaway Inc., which lost some $340 million.

...

used the money from the scheme to buy and invest in more than 150 luxury cars, 32 properties, subscription to a private jet service, a semipro baseball team and a suite at the new Las Vegas Raiders stadium.