Schwartz operated RAS & Associates, a Kokomo Cheap Jerseys Paypal company offering insurance products, annuities and general wealth management advice. Lawson said he persuaded his clients to liquidate their insurance holdings to invest in fictional securities that he said would receive higher interest rates than their previous investments.
Instead of investing his clients' money, Schwartz Cheap China Jerseys used the funds cheap nfl jerseys online to sustain his lifestyle Wholesale Jerseys China and pay for business expenses. As Schwartz Wholesale Jerseys China acquired new investors, he used some of their money to pay interest payments to existing clients, which is typical in a Ponzi scheme. |
