Monday, September 21, 2026

Investment Fund Founder Sentenced to 11 Years for Multi-Million Dollar Ponzi Scheme

 

Siddarth Jawahar, founder of the Swiftarc Ventures Lab investment fund, was sentenced to 11 years in prison, three years of supervision and ordered to pay back more than $31 million by a St. Louis federal court for a Ponzi scheme which defrauded 64 victims, including many high-profile professional athletes such as Travis Kelce and Tim Hardaway. See Full Story>

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