Cases by state
Ponzi schemes in Mississippi
3 cases announced 2014–2018, involving about $97M in reported investor money. Most common types: investment funds & advisory, insurance-linked and real estate. Listed by where the main defendant was based.
The largest by reported amount: Madison Timber Properties LLC ($85M, 2018). Charges are allegations unless a court has entered a conviction or judgment.
Cases
| Date | Case | Location | Industry | Amount |
|---|---|---|---|---|
| May 1, 2018 | Madison Timber Properties LLC Arthur Lamar Adams |
MS | Investment funds & advisory | $85M |
| Sep 14, 2014 | Tammi Henderson Palasini (aka Gina) | Aberdeen, MS | Insurance-linked | $2M |
| Mar 27, 2014 | Steadivest LLC William Marshall Wolfe |
Ridgeland, MS | Real estate | $10M |