Advisers in Georgia man’s $110M Ponzi scheme must pay SEC
“I’m selling roofs,” Mooney told The Atlanta Journal-Constitution on Thursday. “I’m a disabled vet from the Marine Corps.” Mooney said the majority of his clients who invested in Woods’ private equity fund, Horizon Private Equity III, got their money back. He said his clients included friends and fellow veterans. Grimberg said Mooney expressed remorse to his former clients and explained his diminished finances during a February court hearing in Atlanta. Wright and Flippen were ordered Tuesday to pay civil penalties of $84,000 and $36,000, respectively, representing their annual salary from...
Related Coverage
AllSides Picks
Headline Roundup
Trump Administration Launches $25 Million Fraud Whistleblower Program
October 20th, 2026
Headline Roundup
Elon Musk Pledges One SpaceX Share to Every American Child in 2027
October 19th, 2026
Recommended Reading
What Does America Look Like From Main Street?
Guest Writer
October 19th, 2026
Recommended Reading
Is the American Dream Still Alive?
Guest Writer
October 14th, 2026