Finance September 24, 2025

Reviving RadioShack Online Turned Into Ponzi Scheme, SEC Claims

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Reviving RadioShack Online Turned Into Ponzi Scheme, SEC Claims

A company that snatched up distressed brick-and-mortar brands including RadioShack and Pier 1 Imports and promised investors big returns in a pivot to e-commerce operated as a Ponzi-like scheme, the US Securities and Exchange Commission alleged. When the pandemic sparked …

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