{"id":4544,"date":"2008-01-03T19:19:38","date_gmt":"2008-01-03T19:19:38","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2008\/01\/senior_vice_president_of_quest"},"modified":"2022-03-25T15:04:44","modified_gmt":"2022-03-25T20:04:44","slug":"senior-vice-president-of-quest","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/senior-vice-president-of-quest\/","title":{"rendered":"Senior Vice President of Questar Capital (now Allianz Insurance) Claims He’s a Victim of Ponzi Scheme"},"content":{"rendered":"

Questar Capital Corp’s senior vice president of mergers and acquisitions claims he too was victim of a $250 million alleged Ponzi scheme that affected up to 1,200 investors-many senior citizens residing in Michigan, California, Illinois, New York, Florida, New Jersey, and Ohio.<\/p>\n

The Securities and Exchange Commission charged Edward May and E-M Management Co. LLC with selling bogus investments which involved shares in fake Las Vegas casino and resort telecom transactions. “Investment seminars” were held to persuade investors to buy shares. The investors were told they would receive monthly returns for the next 12-14 years.<\/p>\n

It turns out that there were never any telecom contracts with any Las Vegas resorts, hotels, and casinos. Some of the hotels and casinos that supposedly had contracts were Motel 6, Hilton, Tropicana, MGM Grand, and Sheraton.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Questar Capital Corp’s senior vice president of mergers and acquisitions claims he too was victim of a $250 million alleged Ponzi scheme that affected up to 1,200 investors-many senior citizens residing in Michigan, California, Illinois, New York, Florida, New Jersey, and Ohio. The Securities and Exchange Commission charged Edward May and E-M Management Co. LLC […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3738,3803],"tags":[],"class_list":["post-4544","post","type-post","status-publish","format-standard","hentry","category-investor-fraud","category-senior-investors"],"yoast_head":"\nSenior Vice President of Questar Capital (now Allianz Insurance) Claims He's a Victim of Ponzi Scheme — Investor Lawyers Blog — January 3, 2008<\/title>\n<meta name=\"description\" content=\"Questar Capital Corp's senior vice president of mergers and acquisitions claims he too was victim of a $250 million alleged Ponzi scheme that affected up — January 3, 2008\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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