Koster accuses Audrain County resident of Ponzi scheme
Posted by Jason Rosenbaum on Monday, July 20th, 2009 Categories: Uncategorized
Attorney General Chris Koster filed charges against an Audrain County grain dealer today for operating what he said was essentially a massive Ponzi scheme.
Koster filed 12 felony charges against Cathy Gieseker of Martinsburg, arguing that she bilked 180 farmers out of nearly $27 million. Koster said Gieseker sold grain for farmers through two companies, promising [Click Here]
Koster testifies in D.C. over credit fraud
Posted by Jason Rosenbaum on Tuesday, July 14th, 2009 Categories: Uncategorized
Attorney General Chris Koster was in Washington, D.C. today testifying before the Senate Commerce Committee.
The first-term Democratic official was talking about the explosion of “companies and individuals who specialize in servicing, or preying upon, consumers who have significant credit card debt or unsustainable mortgage debt.”
In prepared remarks, Koster said that these aforementioned companies promise consumers [Click Here]