Apparently this ass-hat was “guaranteeing” 15% returns and investing in Atlanta area real estate / stealing funds. How can people fall for this stuff? Of course he is now on the run. What a DB. I hope he catches a major beat down. How many of these guys are out there. . . that show American Greed will be running for quite sometime. $30 mill is a lot of scratch for some slimey local-yocal attorney to raise. Feds sue Marietta lawyer over alleged Ponzi scheme By BILL RANKIN The Atlanta Journal-Constitution Tuesday, March 31, 2009 Federal authorities have accused a Marietta lawyer of operating a Ponzi scheme that defrauded about 100 people out of more than $30 million. Robert Price Copeland has not been charged criminally. But a lawsuit filed earlier this month by the U.S. Attorney’s Office seeks to force Copeland to forfeit a dozen properties that he bought with investment money he took in through the alleged scheme. Copeland, who did not return phone calls or e-mails seeking comment, used a number of businesses — Axiom Development Group Inc., We Buy Inc., Robert P. Copeland P.C. and HBV Services Inc. — to carry out the fraud scheme, federal authorities said.
The shit is really hitting the fan down here in Georgia. We’re already leading the country in failed banks over the last 12 months and now we can add a real estate ponzi scheme to our resume. At least our 3 year drought is over. I can’t wait to see what idiot Atlanta athletes and celebrities were tied up in this scam.
Did some digging, and I think I found a picture that’s worth it’s weight in gold. http://www.advertisingfrequently.com/images/bob.jpg Just look at this guy. What a disgrace. Here’s a testimonial he did for some poor woman that did advertising work for his firm (http://www.advertisingfrequently.com/testimonials.html – Rhonda Kyle (http://www.advertisingfrequently.com/images/rhonda.jpg), you’re looking good honey, but if you’re reading this post, you might want to augment the testimonials page on your website): Robert P. Copeland, Esquire The Law Firm of Robert P. Copeland, PC “Rhonda has been a wealth of information for our elder law firm. Her ideas and suggestions have helped us to bring more clients to our practice. Her marketing materials (newsletter, folder enclosures, etc.) are first rate and have been very well received by the professional community. Her marketing strategies have been very successful for our office.”
good research, cjones65!
Thanks sublimity – what really ticks me off is that this guy specialized in elder law, which leads me to believe that he was ripping off old timers and grannies – despicable.
yeah, def i like competition and enjoy pwning my opponents as much as the typical finance guy, but definitely would never attack or swindle the defenseless
PUT ON YOUR CAPS LOCK?
Here we go again. . . Unreal. FOLSOM, Calif. – Three people who invested in what investigators called a Ponzi scheme helped a president of a Folsom company get released from custody, according to court documents. Anthony Vassallo, 29, is accused of running a $40 million investment scam that bilked about 150 investors, many of whom he met through his Mormon church. Documents show that Vassallo was released to the custody of Alicia Watford, his sister. Court documents show that Sheila Watford of El Dorado Hills, the mother-in-law of Alicia Watford, declared that she would put up the equity of her home to help release Vassallo from custody. Dr. Roy Harris and Cynthia Harris of Rocklin also signed an agreement to forfeit property, according to court documents. They also declared to put up the equity of their home to help Vassallo. His father, also named Anthony Vassallo, pledged the equity in his home in Pioneer to help his son’s release, Lauren Horwood, a spokeswoman for the U.S. attorney’s office, said. Anthony Vassallo is not listed as inmate at the Sacramento County Main Jail. Acting U.S. Attorney Lawrence Brown said Anthony Vassallo promised investors in his hedge fund 36 percent annual returns with little risk of loss. But he put their money into high-risk ventures, as well as luxuries like a $103,000 Lexus for his wife. The federal Securities and Exchange Commission shut down Anthony Vassallo’s Equity Investment Management and Trading Inc. in March. It froze $1.2 million found in one of his bank accounts. Copyright 2009 by KCRA.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Mormons will believe anything