Company Owner Must Justify $2.6 Million To Federal Judge - WSPA.com

Company Owner Must Justify $2.6 Million To Federal Judge

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A woman has to justify $2.6 million to a federal judge. A woman has to justify $2.6 million to a federal judge.

An investment company from Easley has to prove that money they received from a Ponzi scheme by Ron Wilson was earned legitimately.

Our coverage partner the Anderson Independent Mail reports that Tracy Neily, owner of Professional Planning of Easley and other investment companies had a personal and intimate relationship with Wilson. Court findings also showed that Neily urged people to trust their investments with Wilson and his company the Atlantic Bullion and Coin.

Wilson’s silver Ponzi scheme took roughly $57.4 million from about 800 people, including from members of his own family. The scheme fell apart in March of 2012.

Neily was supposed to respond to the judge by Tuesday to justify why she should not be required to repay the money, but court records show that she didn’t respond.

The company has until July 30th to respond or they could lose the money and could face contempt of court charges.

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