Mark Sellers Allegedly Ran a $10 Million Ponzi Scheme Involving Approximately 100 Investors; Sellers Reportedly Committed Suicide Following an FBI Raid of His Home
Mark Sellers allegedly ran a $10 million Ponzi scheme, from December 2007 through at least 2015, and involving about 100 investors through his firm, Selden Companies, LLC, according to the aforementioned Action presently being reviewed by attorneys Alan Rosca and James Booker.
Sellers then allegedly shot himself Tuesday morning Aug. 2 as FBI agents searched his home, according to reports from Kansas City.
Sellers allegedly made fraudulent misrepresentations to investors that he would implement the funds to buy companies and then turn them around to make a profit, the Action notes.
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