Frederick Darren Berg, mastermind of Washington state’s biggest Ponzi scheme — a note investment fund

Berg was sentenced to 18 years in prison in Seattle in 2012 after pleading guilty to defrauding hundreds of investors of more than $100 million through the Meridian Mortgage investment funds he ran for nearly a decade.

Berg’s exploits were featured in an episode of the CNBC television series, “American Greed” entitled “Seattle Roasted,” and which begins with the narrator introducing Berg as a conman who traveled from the “Frat house to the Big House.”

READ MORE:  https://www.seattletimes.com/seattle-news/crime/frederick-darren-berg-mastermind-of-washington-states-biggest-ponzi-scheme-escapes-from-california-prison/

https://www.seattlemet.com/articles/2018/3/19/darren-berg-has-always-been-on-the-run

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