Friday, 27 March 2015
Last updated 2 hours ago
Nov 24 2010 | 5:01am ET
Football great John Elway won't get any court-ordered special treatment to recoup his losses in a Colorado Ponzi scheme.
A Denver District Court judge denied the Hall of Fame quarterback's motion, in the city where his legend was made, to be put ahead of other victims of Sean Mueller's fraud. Elway and his business partner, Mitch Pierce, argued that Mueller had promised to keep the $15 million they invested earlier this year separate from the funds of other investors.
Judge Brian Whitney told Elway and Pierce to take up that argument with the court-appointed receiver in the case.
Mueller pleaded guilty last month to ripping about 65 investors off to the tune of $71 million. There is only about $9.5 million left in the accounts of Mueller Capital Management to cover the estimated $140 million in liabilities.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…