Too Good to be True: Ponzi Schemes | FVS Eye on Fraud

Introduction
Is fraud worth it if it gets you Pitbull performing at your company’s holiday party?¹ That is a great question to pose to Jeff Carpoff, founder of the billion-dollar Ponzi scheme known as DC Solar.² A mere three days before this house of cards collapsed, Pitbull performed at the DC Solar holiday party and, in the words of the founder, “made the party epic.” Between 2011 and 2018, Carpoff, his wife, and five co-conspirators ran a Ponzi