The Fall of a Restauranteur: Dean Vlahos's Net Worth Decimated by Ponzi Scheme
Ponzi Scheme Wipes Out Restaurant Tycoon’s Fortune Once a successful restaurateur with a hefty net worth, Dean Vlahos saw his fortune crumble after investing heavily in a Ponzi scheme. The scheme’s collapse left Vlahos with crippling debt, tarnishing his reputation and leaving him struggling to rebuild. Vlahos’s Risky Investment Vlahos invested $16 million in a Ponzi scheme orchestrated by Tom Petters. Enticed by the promise of a generous 36% return, Vlahos poured his savings into the con....