Rockville man indicted in $25M Ponzi scheme

A grand jury has indicted Rockville wealth adviser Garfield Taylor in an alleged $25 million Ponzi scheme, the Washington Business Journal reported.

Taylor was one of six people charged in 2011 by the Securities and Exchange Commission in the alleged fraud. He was arrested Friday by the FBI, according to an agency announcement.

Read more: http://feeds.bizjournals.com/~r/bizj_baltimore/~3/JLqZqpt88VE/rockville-man-indi...
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