The South Lake Tahoe Condos They Scammed – Photo Zalanta
A couple accused of scamming Warren Buffett splurged more than $40 million on a Las Vegas mansion, a pair of condos in Lake Tahoe, a vacation home in Scottsdale, and dozens of other properties since 2011, according to federal investigators.
Jeff and Pauline Carpoff allegedly took money from dozens of investors including Buffett’s Berkshire Hathaway conglomerate in an $800 million “Ponzi-type” scheme, according to court filings. The FBI used bank records, title deeds, and public records to identify 25 properties the pair purchased for more than $29 million in total, the filings showed.
Here is a better look at just what happened with the Berkshire Hathaway Ponzi-Type scheme