Investors may have lost hundreds of millions of dollars in a “Ponzi scheme-like” real-estate investment firm in Northern California that began to unravel when its founder died, according to bankruptcy professionals digging through the financial wreckage.

Kenneth Casey was a real estate mogul whose philanthropic activities included playing Santa Claus for holiday festivities at a San Francisco children’s treatment center and serving on the Marin County Human Rights Commission, activities that helped him come back from a dark…



Source Google News