Mastermind behind $300million Ponzi scheme targeting thousands of veterans jailed for ten years


Mastermind behind $300million Ponzi scheme targeting thousands of vulnerable veterans across 25 states to fund his own lavish lifestyle is jailed for ten years

  • $300million Ponzi scheme mastermind Scott Kohn, 68, jailed for ten years 
  • He used funds to buy a $4.8m Pacific mansion, artwork and flashy cars 
  • The scheme defrauded 2,500 people and put 13,000 vets in predatory loans 



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Written by Bourbiza Mohamed

I have 26 years of experience as a professional writer and editor and have been working as a full time freelancer since 2011. I am originally from Casablanca, Morocco, and I graduated from Qatar University with a degree in journalism. I have worked for newspapers, magazines, news agencies, websites. I speak fluent Arabic, French, English, Russian and Spanish.

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