4 Convicted in $18M Investment Fraud Scheme

by Arkansas Business Staff

A federal jury in Arkansas has convicted four men for their roles in an $18 million investment fraud and money laundering scheme.

The Brittingham Group, founded by Fayetteville investment banker John Nock, 55, promised returns as high as 300% within 20 to 30 days, according to authorities. But in reality, the group could not and did not produce those returns on their investment offerings.

https://www.arkansasbusiness.com/article/145853/4-convicted-in-18m-investment-fraud-scheme