SEC Charges Podcaster, the Cash Flow King, with Ponzi Plot that Garnered $11 Million from 50 Investors
The Securities and Exchange Commission has charged Matthew Motil with allegations he operated a Ponzi like scam that pilfered $11 million from 50 investors. Motil, based in North Olmstead, Ohio, ran a podcast called “The Cash Flow King.” According to the SEC’s complaint, Motil promoted… Read More
Read more in: Politics, Legal & Regulation | Tagged enforcement, fraud, ponzi, sec