Cases by state
Ponzi schemes in Arkansas
3 cases announced 2011–2020, involving about $89.6M in reported investor money. Most common types: investment funds & advisory and legal & litigation funding. Listed by where the main defendant was based.
The largest by reported amount: PA Alliance Trust ($47M, 2011). Charges are allegations unless a court has entered a conviction or judgment.
Pitch phrases seen in these cases
Cases
| Date | Case | Location | Industry | Amount |
|---|---|---|---|---|
| Jan 17, 2020 | Akbar Williams & Associates Legal Services Corporation Malik Akbar'El (aka Tyrone David Williams) |
Little Rock, AR | Legal & litigation funding | $644,331 |
| May 28, 2014 | TransVantage Group Shirley Sooy |
Fort Smith, AR | Investment funds & advisory | $42M |
| Aug 3, 2011 | PA Alliance Trust Kevin Harold Lewis |
Little Rock, AR | Investment funds & advisory | $47M |