The couple accused of scamming Warren Buffett's Berkshire Hathaway allegedly splurged more than $40 million on real estate.
A couple accused of scamming Warren Buffett's Berkshire Hathaway conglomerate in a"Ponzi-type" scheme splurged more than $40 million on real estate, according to federal investigators. Jeff and Pauline Carpoff used funds from the fraud to buy a Las Vegas mansion, a pair of condos in Lake Tahoe, a vacation home in Scottsdale, and dozens of other properties, according to court filings. Five of their biggest property purchases are shown below.
A couple accused of scamming Warren Buffett's Berkshire Hathaway conglomerate in a"Ponzi-type" scheme splurged more than $40 million on real estate, according to federal investigators. Jeff and Pauline Carpoff used funds from the fraud to buy a Las Vegas mansion, a pair of condos in Lake Tahoe, a vacation home in Scottsdale, and dozens of other properties, according to court filings. Five of their biggest property purchases are shown below.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett and Bill Gates agree this is one of the best books out right nowIf you're in search of summer reading suggestions, billionaires Warren Buffett and Bill Gates have you covered. (via CNBCMakeIt)
Read more »
You could win $1,000 by switching to a flip phone like Warren Buffett for a weekA new “flip phone challenge” dares smartphone addicts to unplug for seven days.
Read more »
Climate change will be a big issue in the Democratic contestJoe Biden and Elizabeth Warren released ambitious plans this week
Read more »
Democratic Contenders Rake in Cash From Tech Antitrust TargetsSeveral presidential hopefuls from the Democratic Party—including Sen. Elizabeth Warren and Sen. Bernie Sanders—have harvested big campaign donations from employees of the technology companies they want to break up.
Read more »