Alleged Local Ponzi Scheme Steals nearly $1,000,000

Being in the financial industry, Ponzi schemes happen more often than I like to hear, but it’s especially concerning when it hits close to home. In this case, Jeremy Lundin of Mound, allegedly stole almost $1,000,000 from local investors and never invested a penny. Jeremy, the owner of Big Island Capital (named after a popular hangout on Lake Minnetonka), promised investors “exponential returns” with very little risk.

News CommentaryPhillip R. ChristensonSeptember 26, 2017Ponzi Scheme, Minnesota, mn financial plan, financial planning