Husband and Wife Involved in Ponzi Scheme are Charged Almost $1 Billion by SEC

Husband and Wife Involved in Ponzi Scheme are Charged Almost $1 Billion by SEC

Jeffrey and Paulette Carpoff, out of California, were charged by the Securities and Exchange Commission(SEC) for organizing an almost billion-dollar Ponzi scheme including alternative energy tax credits.  The couple raised an estimated amount of $910 million from seventeen investors, over the years of 2011-2018 as stated by the SEC’s complaint.  Through the couple’s two solar