December 14, 2016

Michigan announced that Scott Rookus, of Jenison, pled no contest to two felony charges, one count of Racketeering and one count of Fraudulent Sale of Securities in relation to his role in running a million dollar Ponzi scheme between 2010 and 2015. Rookus was originally charged with more than 30 crimes regarding the alleged Ponzi scheme in June 2016. Between 2010 and 2013, Rookus allegedly solicited and obtained investments of approximately $1.5 million for his holdings company, New Haven Holdings. His customers many of whom were senior citizens, were told that earnings from their investments would come from the profits of Rookus’ enterprises, when in fact the money he took resulted in an alleged Ponzi-scheme from which he was the primary beneficiary. MI

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