George Elia Accused of Running Fort Lauderdale Ponzi Scheme
Accuser: He was like this guy, but not as good at his job.
It's probably not a good sign that a $4 million lawsuit regarding an alleged Ponzi scheme seems like "only" $4 million.
[H]e faces a $4 million lawsuit filed by a family alleging that Elia has been running "a massive Ponzi scheme." Bank accounts for his businesses have been frozen because of the litigation, with an accountant finding "significant irregularities," including Elia tapping the businesses to cover personal expenses, court records show.
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