Advertisement
YOU ARE HERE: LAT HomeCollectionsUnited Grocer S Clearinghouse
IN THE NEWS

United Grocer S Clearinghouse

FEATURED ARTICLES
BUSINESS
March 29, 1996 | GREG JOHNSON, TIMES STAFF WRITER
A Costa Mesa-based company that bills itself as a fund-raising vehicle for nonprofit organizations instead is operating a Ponzi scheme that is placing millions of dollars in consumer funds at risk, California Atty. Gen. Dan Lungren alleged Thursday. Lungren's lawsuit, filed Thursday in Los Angeles County Superior Court against United Grocer's Clearinghouse, seeks more than $2 million in restitution for customers and distributors and an additional $2 million in fines.
ARTICLES BY DATE
BUSINESS
March 29, 1996 | GREG JOHNSON, TIMES STAFF WRITER
A Costa Mesa-based company that bills itself as a fund-raising vehicle for nonprofit organizations instead is operating a Ponzi scheme that is placing millions of dollars in consumer funds at risk, California Atty. Gen. Dan Lungren alleged Thursday. Lungren's lawsuit, filed Thursday in Los Angeles County Superior Court against United Grocer's Clearinghouse, seeks more than $2 million in restitution for customers and distributors and an additional $2 million in fines.
Advertisement
BUSINESS
March 29, 1996 | GREG JOHNSON, TIMES STAFF WRITER
California Atty. Gen. Dan Lungren on Thursday alleged that a Costa Mesa-based company that bills itself as a fund-raising vehicle for nonprofit organizations instead is operating a Ponzi scheme that is placing millions of dollars in consumer funds at risk. Lungren's lawsuit, filed Thursday in Superior Court in Los Angeles against United Grocer's Clearinghouse, seeks more than $2 million in restitution for customers and distributors and an additional $2 million in fines.
BUSINESS
March 29, 1996 | GREG JOHNSON, TIMES STAFF WRITER
California Atty. Gen. Dan Lungren on Thursday alleged that a Costa Mesa-based company that bills itself as a fund-raising vehicle for nonprofit organizations instead is operating a Ponzi scheme that is placing millions of dollars in consumer funds at risk. Lungren's lawsuit, filed Thursday in Superior Court in Los Angeles against United Grocer's Clearinghouse, seeks more than $2 million in restitution for customers and distributors and an additional $2 million in fines.
Los Angeles Times Articles
|