US EditionYorba Linda Couple Arrested in Alleged Ponzi Scheme
The couple raised about $27.5 million from 1,400 investors by promising high returns and used funds for payments, business costs, and personal properties, authorities said.
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2 Articles
Yorba Linda Couple Arrested in Alleged Ponzi Scheme
FBI agents Wednesday arrested a Yorba Linda couple on an indictment handed down in an alleged Ponzi scheme. Linh Thuy Le, 59, and Trong Luu, 58, were arrested on charges of wire fraud and money laundering in a September. 17 indictment, according to court documents. The two founded and operated Inventis Ventures Holding Inc. in Tustin. The company “was marketed as a purported invite-only `corporate capitalization loan program’ promising a safe in…
Yorba Linda couple arrested, accused in alleged Ponzi scheme
SANTA ANA — FBI agents Wednesday arrested a Yorba Linda couple on an indictment handed down in an alleged Ponzi scheme. Linh Thuy Le, 59, and Trong Luu, 58, were arrested on charges of wire fraud and money laundering in a Sept. 17 indictment, according to court documents. The two founded and operated Inventis Ventures Holding Inc. in Tustin. The company “was marketed as a purported invite-only ‘corporate capitalization loan program’ promising a …
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