Todd Burkhalter’s good life has come to an end. This American executive pleaded guilty to orchestrating a massive Ponzi scheme, defrauding more than 2,000 people in the United States.
Where did the money he swindled from the retirees go?
To extravagant luxuries, including:
🛥️ A $2 million yacht.
✈️ Trips on private jets.
🏠 A $2.1 million condominium in Cabo San Lucas.
He now faces a possible sentence of more than 17 years in prison, and federal authorities are already working to seize and sell his property in Los Cabos to try to pay the victims.
Source: mareanoticiasbcs
