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Thursday, August 31, 2017

US charges ex-radio host who hoped 'hoodoo spell' would stop fraud probe

U.S. authorities on Monday charged a former radio host with fraudulently raising $20 million in a scam bearing the hallmarks of a Ponzi scheme, while hoping to cast a “spell” to silence lawyers trying to investigate her.
Dawn Bennett, who hosted “Financial Myth Busting with Dawn Bennett,” diverted about half of what she raised in a 2-1/2 year scheme to repay earlier investors, buy luxuries including many dozen pairs of shoes and pay back rent to the Dallas Cowboys for a luxury suite at AT&T Stadium, authorities said.
Prosecutors also disclosed the discovery in an Aug. 2 search of Bennett’s penthouse in Chevy Chase, Maryland, of two freezers containing sealed Mason jars bearing the initials of U.S. Securities and Exchange Commission lawyers, on whom Bennett may have hoped to cast a “hoodoo spell.”

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