Federal regulators unveiled charges against a Pennsylvania businessman accused of orchestrating a multi-year Ponzi scheme. The Securities and Exchange Commission (SEC) alleges that Daryl Heller, through his companies Prestige Investment Group, LLC, and Paramount Management Group, LLC, misled thousands of investors by promising steady returns tied to a nationwide ATM
How a Pennsylvania businessman built a $770m retail Ponzi scheme
Daryl Heller promised investors steady income from a nationwide ATM network – what they got instead was a carefully staged illusion.