Blog Post

Agridime Ponzi scheme case progressing

United States District Court Judge Mark T. Pittman for the Northern District of Texas Fort Worth Division has recently entered a preliminary injunction against Jed Wood, Josh Link and Agridime LLC following the discovery of a $191 million Ponzi scheme, a move that essentially continues the Securities and Exchange Commission case that was filed against the parties in December 2023. According to an update on the company’s website, Judge Pittman’s action holds in place the injunctive relief and asset freeze initially implemented.

“The receivership is continuing its efforts to identify,…

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