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Showing posts with label robert p. copeland. Show all posts
Showing posts with label robert p. copeland. Show all posts

Thursday, April 9, 2009

Man Charged With Ponzi Scheme

A Marietta real estate attorney has been accused of cheating more than 125 investors out of $28 million. He allegedly stole the money by promising returns of up to 15 percent by placing their money in real estate financing and development. Robert P. Copeland was charged today with operating a Ponzi Scheme. Prosecutors say he raised more than $40 million since 2004 from hundreds of investors worldwide. Some were elderly and used their retirement funds.

(Associated Press)

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