Donna S. Brown—Investment Fraud
Donna S. Brown, Owner of Budget Finance Co., a Wetzel County, West Virginia Lending Company, Allegedly Ran a $25 Million Ponzi Scheme
Donna S. Brown, the owner of Budget Finance Co., a Wetzel County, WV Lending Company, allegedly ran a $25 million Ponzi scheme, according to reports from West Virginia currently under review by attorneys Jason Kane and James Booker.
Donna S. Brown allegedly drew in West Virginia and Ohio consumers to invest funds into Budget Finance, purportedly promising between 8 and 12 percent, according to reports from West Virginia report.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Donna S. Brown’s alleged Ponzi scheme and would like to talk to investors.
Donna S. Brown, Charged with Alleged Money Laundering and Mail Fraud, Allegedly Lured in at Least 25 Investors into a West Virginia Ponzi Scheme
Donna S. Brown, who ran Budget Finance Co. from a small store in New Martinsville, has been charged with money laundering, wire fraud and mail fraud, according to reports from West Virginia currently under review by attorneys Jason Kane and James Booker.
Brown allegedly sent investors fraudulent investment statements and also mailed investors federal tax forms to investors fill out, but purportedly never forwarded the forms to the IRS, said reports detail.
Finally, Budget Finance shut its doors in November 2015 sending waves through New Martinsville, according to reports from West Virginia. Brown reportedly is reportedly looking at a maximum sentence of 20 years in federal prison and a $250,000 fine for each charge, reports claim.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged Ponzi schemes and are currently investigating Donna Brown’s $25 million Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Donna Brown’s alleged participation in a $25 million Ponzi scheme may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140 or via e-mail at email@example.com or firstname.lastname@example.org.