Victor Vurpillat III ran a ponzi scheme from 2006 - 2008 where he solicited money from friends and family to invest. During that period of time he stole $1.1 million!
Victor was convicted of his crime in 2009 and sentenced to 2 years in federal prison. Turns out he lied to the judge and did not disclose all of his crimes, another victim came forward and Victor received a 3rd year in prison.
Victor has operated business under the names of Questar Partners, Eureka Online and others I am sure.
Victor was never successful at investing and never made a profit. He simply spent most of the money on a lavish lifestyle.
Victors Debt Summary 2009 Criminal Case $982,318 2010 Criminal Case $150,000 (Extra year in prison too for lying to authorities!) Civil Case 1 $1,714,000 Civil Case 2 $2,061,231 Tax Court $152,782 (Victor - next time pay the taxes on the money you steal) Total Obligations = $5,060,331
If anyone doubts this, I am more than willing to post court documents.
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