Source: Daily Mail
Source: Greenville Online
Age at the time of sentencing: 68
Date of sentencing: August 2022
Scott Kohn is currently serving a 10-year sentence in federal prison.
The Center For Combating Elder Financial Abuse considers Scott Kohn to be the “Bernie Madoff” of elder financial abuse. Kohn and his co-conspirators conducted a Ponzi scheme that targeted elderly investors and military veterans. In total, Kohn and his group financially exploited 13,000 veterans. Kohn’s Ponzi scheme was able to steal $300 million dollars in only seven years, from April 2011 until April 2018.