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Monday, December 29, 2014

Whistle-blowers could be eligible for award in wedding singer Ponzi scheme

The U.S. Securities and Exchange Commission has declared the case of a Bartlesville wedding singer and a businesswoman who raised an estimated $4.7 million through various illegal schemes eligible for a whistleblower award- a monetary reward for people who provided information in the case. In August 2013, the SEC filed a civil suit against Larry J. Dearman Sr., 41, of Tulsa, a former Oklahoma investment adviser and wedding singer, and his friend and business associate Marya Gray, 51, of Bartlesville, accusing the pair of blowing investors' money on gambling and personal expenses, as well as to pay early investors.



http://newsok.com/whistle-blowers-could-be-eligible-for-award-in-wedding-singer-ponzi-scheme/article/5380110?custom_click=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+newsok%2Fbusiness+%28NewsOK.com+RSS+-+business%29

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