A year ago today, a federal judge sent James Nicholson away to prison for 40 years for running a $140 million Ponzi scheme. Attorneys and forensic accountants who helped recover investors’ money have been paid, but the investors who entrusted their money to the former Saddle River hedge fund manager have yet to get back a penny. Why the holdup? The federal government refuses to say. Read more on LoanSafe.org here.
