PONZI Archives | Page 2 of 2 | Donahoo & Associates

Southern California Ponzi Case

More than a year ago, alleged Southern California con man Bruce Fred Friedman was arrested in France where he remains in custody today. Friedman has opposed extradition to the US and, although French courts have authorized extradition, the French government has not yet made a final decision.


Richard E. Donahoo Named Liaison Counsel in PONZI case

On November 29, 2011 Hon. Elihu M. Berle named Orange County lawyer Richard E. Donahoo Plaintiffs’ Liaison Counsel in related cases involving Diversified Lending Group (“In Re DLG”) currently pending before Los Angeles Superior Court Civil Complex Division.


If it sounds too good to be true – it may be a PONZI scheme

The Ponzi scheme was named after Charles Ponzi, an Italian immigrant who was arrested in 1920 for conning New England residents out of millions of dollars. The scheme, in one form or another, continues today.