WebJan 24, 2024 · Investors seeking claims in an alleged Ponzi scheme involving former Chattanooga businessman John J. Woods will receive an ... and was a co-owner of the Chattanooga Lookouts minor league baseball ... WebWoods has been running a massive Ponzi scheme, which goes by the name Horizon Private Equity, collected over $110 million from more than 400 investors with promises of …
Chattanooga Lookouts Minority Owner Accused of Running …
WebAug 23, 2024 · Federal regulators have charged one of the owners of the Chattanooga Lookouts baseball team with "running a massive Ponzi scheme for over a decade" that has defrauded more than 400 investors already and continues to illegally raise more money to try to pay off previous investors. WebAug 25, 2024 · Aug. 25—Assets including 20% ownership of the Chattanooga Lookouts were placed in receivership Tuesday by a judge in Atlanta after the U.S. Securities and Exchange Commission accused investor John J. Woods of running "a massive Ponzi scheme for over a decade." Attorneys for Woods disputed that claim during the hearing … humax recording box
Potential warning signs for misleading investments after Lookouts owner ...
WebAug 25, 2024 · The Chattanooga Lookouts are a Minor League Baseball team of the Double-A South and the Double-A affiliate of the Cincinnati Reds. They are located in Chattanooga, Tennessee, and are named for nearby Lookout Mountain. John J. Woods is an owner of the Chattanooga Lookouts. WebWoods has been running a massive Ponzi scheme, which goes by the name Horizon Private Equity, collected over $110 million from more than 400 investors with promises of 6-7% rates of return. "For the past decade, Woods and other investment adviser representatives at Southport have falsely told investors that they will earn guaranteed … WebAug 24, 2024 · A Chattanooga Lookouts minority owner is charged with running a massive Ponzi scheme for more than a decade. U.S. Securities and Exchange … humax official site