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Alleged Ponzi Scheme "Masterminded" By Food Service Worker Spent Investor Money on Strippers

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Mark Melin
Published on
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Jaswant "Jason" Gill and Javier Rios must think mainstream investors are "ALLEGEDLY" reasonably stupid. And judging from the apparent success at raising $9.3 million from investors in what is an alleged Ponzi scheme where strippers and luxury retail items were the real investment, they may be correct.

Also see Harry Markopolos Warns Of Three New Ponzi Schemed, one bigger than Madoff

Ponzi scheme

With no investment background, Ponzi scheme was nonetheless able to raise $9.3 million guaranting 60% annual returns

Gill and Rios, who has a background is in food service not investing, set up shop as JSG Capital Investments and convinced investors they could procure hard to obtain pre-IPO...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.