Home stocks stocknews SEC Alleges Ponzi Scheme Posed as Private-Equity Fund John J. Woods and companies he controlled allegedly collected more than $110 million from investors. – #stocks chatter

SEC Alleges Ponzi Scheme Posed as Private-Equity Fund John J. Woods and companies he controlled allegedly collected more than $110 million from investors. – #stocks chatter

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SEC Alleges Ponzi Scheme Posed as Private-Equity Fund John J. Woods and companies he controlled allegedly collected more than $110 million from investors. – #stocks chatter

SEC Alleges Ponzi Scheme Posed as Private-Equity Fund John J. Woods and companies he controlled allegedly collected more than $110 million from investors.

# SEC Alleges Ponzi Scheme Posed as Private-Equity Fund

## John J. Woods and companies he controlled allegedly collected more than $110 million from investors

*By* *Chris Cumming*Aug. 25, 2021 5:53 pm

The Securities and Exchange Commission alleged that a Georgia man and a firm he controlled ran a more-than-decadelong Ponzi scheme that raised more than $110 million from investors.

Responding to an emergency SEC request, the U.S. District Court for the Northern District of Georgia in Atlanta on Tuesday froze the assets of the alleged head of the scheme, Georgia resident John J. Woods, and Horizon Private Equity III LLC, the Atlanta-based fund that the SEC alleges he used to perpetrate the scheme. The court also issued a temporary…
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