E-Commerce Entrepreneurs Accused of $112 Million Ponzi Scheme

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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E-commerce moguls Alex Mehr and Tai Lopez are in hot water! The SEC accuses them of orchestrating a $112 million Ponzi scheme with Retail Ecommerce Ventures, the company that resurrected brands like RadioShack and Pier 1 Imports. Did they dupe investors by shuffling funds and using new money to pay old debts, while pocketing millions? Find out how this scandal could reshape the future of online retail revivals. Hosted on Acast. See acast.com/privacy for more information.

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