West Springfield business owner charged in connection with $7M Ponzi scheme

West Springfield business owner charged in connection with $7M Ponzi scheme

WEST SPRINGFIELD, Mass. (WWLP) - A woman was charged for allegedly defrauding investors through her West Springfield family-owned business in a $7 million Ponzi scheme. According to Secretary of the Commonwealth William Galvin's Securities Division, a complaint was filed against Barbara Hirshfield of Lexington, Vice President of Ideal Financial Services, Inc., and Ideal Financial Holdings, Inc. Ideal has offered motor vehicle financing and small…