Chimene Van Gundy, hailing from Texas, has been implicated in an alleged fraudulent scheme amounting to a staggering $18.5 million, according to the U.S. Securities and Exchange Commission. Nicknamed "The Queen of Mobile Homes," Van Gundy purportedly masterminded a Ponzi scheme that revolved around refurbishing and reselling mobile homes, leaving investors in financial ruin.

Follow The Ponzi Playbook on X (formerly known as Twitter):

https://twitter.com/ponziplaybook

Learn more about your ad choices. Visit megaphone.fm/adchoices