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Tag Archives: Steven Palladino

Ponzi Roundup: 10-Year Sentence, Pearlman Speaks Out, and Another Conviction

Posted in Ponzi Profiles

Steven Palladino: West Roxbury, MA, resident Steven Palladino, his wife and son all pleaded guilty to operating a $10 million Ponzi scheme that defrauded at least 42 people out of their savings. Shortly thereafter the 56-year-old Palladino and fellow family members were sentenced to the cheers of victims. As the architect of the scam, Palladino… Continue Reading

“Viking Financial” Pillaged Investors, Federal Judge Says

Posted in Ponzi Profiles, Ponzi Video

The US District Court in Massachusetts issued a civil judgment against accused Ponzi schemer Steven Palladino this week, ruling that the defendant had committed securities fraud through his lending company Viking Financial Group. Palladino, 55, and his wife Lori, 52, were previously indicted by the Suffolk County District Attorney’s Office in March on felony charges… Continue Reading