Michael Scronic— Alleged Ponzi Scheme

by Alan Rosca
Michael Scronic Allegedly Executed a $19 Million Ponzi Scheme Involving 45 Investors via the Scronic Macro Fund; Scronic Allegedly Told Investors He Held Assets of Nearly $22 Million While His Brokerage Account Actually Only Held around $27,500 Michael Scronic, since April 2010, allegedly engaged in a fraudulent scheme that purportedly netted over $19 million from 45 investors, according to repor.Read the full article