DOJ: Georgia Advisor's Ponzi Scheme Was Likely Largest in State's History

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. A Georgia-based financial advisor pleaded guilty to a $380 million fraud that victimized thousands of investors, in what officials said was potentially the worst Ponzi scheme in state history. Todd Burkhalter, the founder and CEO of the Georgia-based firm Drive Planning, pleaded guilty to wire fraud last week. According to the Justice Department, Burkhalter used the illicit earnings to purchase a ...