A Massachusetts man is accused defrauding more than 50 investors by running a Ponzi-style scheme with their $9.6 million.
Randy M. Cho, 39, told investors he was a self-employed securities trader who had a special relationship with Goldman Sachs and could buy discounted shares of well-known companies such as Google, Facebook and Rosetta Stone before their initial public offerings, according to court documents. Get the full story »