See every side of every news story
Get Started
SubscribeLogin
Hockey
World
Government
Campaign
Election
Schools
EU
School
Police
Cars
Economy
Jobs
Published • loading... • Updated

Miami man bilked investors out of $40M in cash-advance Ponzi scheme: Prosecutors

Summary by NBC 6 South Florida
A Miami man was charged with running an investment Ponzi scheme disguised as a cash advance business, the United States Attorney’s Office announced Thursday. Pablo Silverio Rebollido, 47, was charged with wire fraud on March 26. Officials said his business, E-Card Lending, was supposed to be providing MCAs, “a type of short-term financing typically used by small and medium-sized businesses.”...

1 Articles

All
Left
1
Center
Right
NBC 6 South FloridaNBC 6 South Florida
Lean Left

Miami man bilked investors out of $40M in cash-advance Ponzi scheme: Prosecutors

A Miami man was charged with running an investment Ponzi scheme disguised as a cash advance business, the United States Attorney’s Office announced Thursday. Pablo Silverio Rebollido, 47, was charged with wire fraud on March 26. Officials said his business, E-Card Lending, was supposed to be providing MCAs, “a type of short-term financing typically used by small and medium-sized businesses.”...

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

NBC 6 South Florida broke the news in on Friday, April 4, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Miami, Florida

Miami, Florida

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal