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USA Tomorrow Newspaper Ponzi Scheme Uncovered

February 18, 2009
Jim Kouri
2/18/2009

With scam artists and Ponzi scheme manipulators making headlines these days, a new twist was discovered by investors and potential investors in what they believed was a legitimate opportunity to invest in creating a news organization to rival USA Today.

Jeff Lowrance is accused of defrauding investors and garnering huge amounts of money with the promise of creating a US news publication to be called USA Tomorrow.

According to the US Department of Justice and the Federal Bureau of Investigation, a Ponzi scheme is essentially an investment fraud wherein the operator promises high financial returns or dividends that are not available through traditional investments.

The story continues …..

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