Ponzi Schemes U.S. Securities & Exchange Commission v. D. W. Heath & Associates, Inc., et al. This company raised about $178 million from the sale of private placement offerings. The purported business activity was to invest in operating businesses. more information U.S. Securities & Exchange Commission v. James P. Lewis, Jr. individually and d.b.a. Financial Advisory Consultants James P. Lewis Jr. raised $311 million from investors over a period of about 20 years. The purported business was investing in distressed companies and then selling the companies at a profit. more information U.S. Securities & Exchange Commission v. TLC Investments & Trade Co., et al. The company was conducting a real estate base Ponzi Scheme involving more than 450 properties throughout the United States. The company raised $151 million from about 1,900 victims. more information U.S. Securities & Exchange Commission v. Western Executive Group, Inc. et al. About $4.5million was raised from investors who believed they were participating in a sale and lease back program for ATMs. more information