Articles tagged “Curtis D. Somoza”
Organizer of $64 million California Ponzi scheme gets 25 years in jail
11.04.2009 | By Keith L. Martin
A California man who orchestrated a $64 million Ponzi scheme promising huge returns to investors through a bond-trading program and life insurance pool to aid local churches will spend the next 300 months in a federal prison.
See more: A. Howard Matz, bond trading, CA, church, criminal, Curtis D. Somoza, FBI, fraud, legal, Personal Involvement Center, Ponzi schemes, Robert Coberly, TX
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.

