Woodbridge Ponzi and Fraud – why are they in Chapter 11

We (all) now know that Woodbridge Wealth (one of its many name used to hide the true corporate structure set up by Robert Shapiro) was a fraud and even a Ponzi scheme.  It was originally pitched as a master fix/flip real estate hard money lender, which is a legitimate and even conservative business model. So … Continue reading Woodbridge Ponzi and Fraud – why are they in Chapter 11