Cases by state
Ponzi schemes in West Virginia
4 cases announced 2008–2024, involving about $33.7M in reported investor money. Most common types: investment funds & advisory, real estate and trading, forex & commodities. Listed by where the main defendant was based.
The largest by reported amount: Golden Summit Group ($21M, 2008). Charges are allegations unless a court has entered a conviction or judgment.
Pitch phrases seen in these cases
Cases
| Date | Case | Location | Industry | Amount |
|---|---|---|---|---|
| Sep 19, 2024 | Roxby Development LLC Jeffrey James Morris |
Wheeling, WV | Real estate | $5M |
| Apr 17, 2020 | Phillip W. Conley | WV | Investment funds & advisory | $5.2M |
| Sep 26, 2019 | Natalie Cochran | Daniels, WV | Investment funds & advisory | $2.5M |
| Mar 19, 2008 | Golden Summit Group Ralph Gregory Gibbs |
New Haven, WV | Trading, forex & commodities | $21M |