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Steven Palladino

Steven Palladino of West Roxbury is accused of orchestrating a Ponzi scheme that cost investors about $14 million. (Credit: WBZ-TV)

Boston Family Sentenced In Ponzi Scheme

A Boston couple and their son have pleaded guilty to operating what prosecutors call a Ponzi scheme that fleeced dozens of friends and neighbors out of more than $10 million.

01/22/2014

Steven Palladino of West Roxbury is accused of orchestrating a Ponzi scheme that cost investors about $14 million. (Credit: WBZ-TV)

Investors Bilked In Alleged West Roxbury Ponzi Scheme Appear In Court

Several investors who say a West Roxbury man stole millions from them in an alleged Ponzi scheme were in federal court Tuesday seeking the return of about $14 million.

01/14/2014

Banks, 100 Dollar Bills, Cash, generic, withdrawal, Counting Money

Boston Couple Charged With Running MultiMillion Dollar Ponzi Scheme

A Boston couple has been charged in connection with what prosecutors are calling a multimillion dollar Ponzi scheme in which they used investors’ money to fund a lavish lifestyle.

03/18/2013

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