Teen nightclub owner charged with running Ponzi scheme

The owner of a popular Danbury music venue was charged Friday with defrauding more than a dozen investors of nearly $500,000 in what federal authorities described as a Ponzi scheme. Ian Bick , 19, who owns Tuxedo Junction on Ives Street, was arraigned in federal court in Bridgeport on charges including fraud and money-laundering.



via Danbury Newswire http://ift.tt/1x6lxUC