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Archive for the ‘Monroe Beachy’ Category

Sept. 15, 2011 Monroe Beachy, a 77-year-old Amish man accused of running a Madoff-like Ponzi scheme, was charged with mail fraud today after allegedly defrauding thousands of people out of $16.8 million over two decades. Beachy allegedly told investors his Ohio business in Sugarcreek, A&M Investments, would invest in mortgage-backed security Ginnie Mae Bond Funds, [...]

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