Mar 26, 2016 1:01 PM

Victims says Rindge man's Ponzi scheme cost them millions

NH1.com

CONCORD - A Rindge man's Ponzi scheme has defrauded his victims of millions, they say.

According to The Keene Sentinel, victims' written statements were filed in Concord in advance of Aaron E. Olson's sentencing on April 1 for related tax evasion charges.

The victims' names and identifying information were redacted under a court order.

One victim, identified as A.K., said he lost $45 million. Olson denies the claim.

Olson is charged with understating his owed federal income taxes from 2007-2010 by more than $664,000. The U.S. Attorney's office claims he also swindled investors of his two illegitimate firms, AEO Associates and KMO Associates, out of $27.8 million.

--  Dealing with the Disease of Addiction? Click here for help --

--

»Comments

Must Read on NH1.com

Concord, NH
Broken Clouds 36°
1pm 36°
2pm 36°
3pm 37°
4pm 38°

 

N.H. DollarSaver

 Monday, 1:30 p.m. - White House Press Secretary Sean Spicer

 

 

NH1 on Facebook

Download NH1 App

NH1 on Twitter

Check out NH1 News Rail Polls on LockerDome on LockerDome