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Payphone Scheme

1 article tagged with "Payphone Scheme"

Scrabble tiles spelling Scam Alert on a brown surface indicating caution.

Robert A. McDonald: $3.8M Penalty in $135M Payphone Ponzi Scheme

Robert A. McDonald faced SEC action for role in $135 million payphone investment Ponzi scheme through Alpha Telcom, resulting in $3.8M penalty and injunction.

By Daniel Reeves March 14, 2026