Brian Callahan Pleads Guilty to Securities Fraud as a Result of a $96 million Ponzi Scheme

Brian R. Callahan pled guilty to securities fraud and wire fraud for operating a $96 million Ponzi scheme through various offshore investment funds. Callahan used six offshore entities to perpetrate the investment fraud. Instead of investing his clients’ funds, he used the money to support a lavish lifestyle and operate a multi-million dollar Ponzi scheme…. Read more »