Michael Scronic— Alleged Ponzi Scheme

by Alan Rosca
Michael Scronic Allegedly Ran a $19 Million Ponzi Scheme via the Scronic Macro Fund; Scronic Allegedly Lost $15.7 Million Prior Commissions and Purportedly Lost Money in 28 out of 29 Quarters Michael Scronic, 46, of Pound Ridge, New York, allegedly ran a $19 million Ponzi scheme involving 45 investors through his Scronic Macro Fund, according to reports from the Southern Distric ...Read the full article