Ponzi Scheme Convictions Bring Receivers Seeking Restitution

As you may know, the Three Hebrew Boys operated Capital Consortium Group, LLC. The master minds of this scheme were Joseph B. Brunson, Timothy McQueen and Tony Pough, all from the Columbia, South Carolina area. According to the U.S. Attorney District of South Carolina's Office: Between 2004 and 2008, they collected more than $82 million dollars from approximately 7,000 investors by offering debt elimination programs that promised to pay off investors’ mortgages and car loans with high yields. In fact, the trio invested little of the … [Read more...]