Four Point Four Million Dollar Ponzi Scheme

Tulsiani sold unregistered bonds as part of a four point four wait four hundred and seventy five thousand dollar Ponzi scheme using quote high pressure sales tactics on 80 investors between the years 2008 and 2009. The Manitoba Securities Commission says the event raised a number of red flags. An advertisement promises attendees will learn about Tossiani's private investment club. Organizers hope 100 people will attend Saturday's event. General admission is $97, but admission is free with a food donation to Winnipeg Harvest. VIP tickets to the event cost $497 with 10% of the money going raising going to the ALS society.