Jan 102013
 

Adam Swickle, one of the investors remaining on the Market Street Power Plant redevelopment project after others were removed in bankruptcy filings, has an unpaid $600,000 judgement against him from the U.S. Securities and Exchange Commission “for setting up an allegedly fake foreign exchange trading house and making off with investors’ cash,” and “claims he didn’t even know about another $144,000 in judgments against him in New York, this time for knowingly selling real estate investment shares as a part of a fraud scheme that landed three others in jail,” according to a report by David Hammer of our partners at WWL.

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