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Attorney reviews assets in alleged $90M Ponzi case

July 2, 2012 • Business


This June 27, 2012 photo made available by Beattie Ashmore, shows more than $350,000 in solar panels that are among the assets a receiver is wrangling in an alleged $90 million Ponzi scheme in Woodruff, S.C. The panels are part of a Woodruff farm owned by Ronnie Wilson, whom federal prosecutors have accused of taking millions of dollars from investors through his business but never actually bought them the silver bullion he promised. (AP Photo/Beattie Ashmore)

COLUMBIA, S.C. (AP) — With several months to go before any possible trial, a court-appointed attorney has begun sifting through the assets of a former Anderson County council member accused of running a multi-million dollar Ponzi scheme.

Greenville attorney Beattie Ashmore said he has a website up and running for investors who fear they were hoodwinked by Ronnie Wilson and his gold and silver bullion business. There, they can sign up to take part if the assets are split up in the future.

“We’re still in the information-gathering mode,” Ashmore said last week. “We’ve been reviewing books and court records.”

Wilson also is a former member of the state Board of Education and national commander of the Sons of Confederate Veterans. He was charged in April with mail fraud after Login to read more

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