Florida Will Contest Involving Ponzi Scheme Funds Settled
A recent settlement involving the estate of the late Jacksonville financial adviser Wayne McLeod is the latest example of how legal complexities can encroach upon the timely resolution of an estate. At the time of his suicide, McLeod's financial services firm was under investigation by the Securities and Exchange Commission. This investigation revealed that McLeod's alleged financial planning prowess was actually a large "Ponzi" scheme.
A significant portion of McLeod's estate will now be used to repay the defrauded investors. McLeod's wife will keep some of her jewelry ...




