Efrain Betancourt, Jr., 36, a Colombian citizen, was arrested on Nov. 14, upon entering the United States and charged in South Florida federal court with leading a $66 million Ponzi scheme disguised as a payday loan company, Sky Group USA, LLC (Sky Group).

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    1 month ago

    My guess is that the do, but their greed makes them hold on too long to exercise it. Its not like there’s a formula or measure when your Ponzi scheme is about to get exposed. For many I imagine the first time they learn they’re at risk, the evidence is already in the hands of prosecutors and your passport has been seized.