Nevin Shapiro developed a Ponzi scheme in Florida and collected more than 880 million dollars over a four year period. 89.1, WUFT-FM’s Kara Van Hoose spoke with Lori Schock, the Director of Investor Education and Advocacy at the Securities and Exchange Commission. While Ponzi schemes do actually work at first, Schock says that quality makes them more dangerous and investors should always do background checks before investing.[audio:http://www.wuft.org/media/audio/Schock.mp3]
A wildfire burning since April 6 in the Okefenokee National Wildlife Refuge is only 3 percent contained as of Wednesday morning. In 2011, the Honey Prairie Fire in the Okefenokee refuge burned about 300,000 acres over a year.