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Alleged 'Ponzi Princess' Rocks Long Island


The U.S. Attorney's Office is looking for alleged Long Island Ponzi schemer Laurie Schneider.
Source: CBS

On Long Island another alleged Ponzi scheme is unraveling. Investigators say the damage could run as high as $50 million. Bankruptcy court trustee Ken Barnard has the daunting task of following the money, investigating at least four separate business enterprises run by 35-year-old Laurie Schneider of Oceanside. Her alleged Ponzi scheme bilked dozens of people out of tens of millions of dollars.

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