@CNN: A federal judge ordered a luxury real estate developer and his investment firm to pay $1 billion in penalties and forfeited profits for operating an alleged Ponzi scheme that swindled thousands of mostly elderly investors https://t.co/UM5jD8CK8r https://t.co/WicWUX2yUn

@CNN: A federal judge ordered a luxury real estate developer and his investment firm to pay $1 billion in penalties and forfeited profits for operating an alleged Ponzi scheme that swindled thousands of mostly elderly investors https://t.co/UM5jD8CK8r https://t.co/WicWUX2yUn