- A couple accused of scamming Warren Buffett's Berkshire Hathaway conglomerate in a "Ponzi-type" scheme splurged more than $40 million on real estate, according to federal investigators.
- Jeff and Pauline Carpoff used funds from the fraud to buy a Las Vegas mansion, a pair of condos in Lake Tahoe, a vacation home in Scottsdale, and dozens of other properties, according to court filings.
- Five of their biggest property purchases are shown below.
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A couple accused of scamming Warren Buffett splurged more than $40 million on a Las Vegas mansion, a pair of condos in Lake Tahoe, a vacation home in Scottsdale, and dozens of other properties since 2011, according to federal investigators.
Jeff and Pauline Carpoff allegedly took money from dozens of investors including Buffett's Berkshire Hathaway conglomerate in a $800 million "Ponzi-type" scheme, according to court filings. The FBI used bank records, title deeds, and public records to identify 25 properties the pair purchased for more than $29 million in total, the filings showed.
Five of their biggest residential purchases are shown below.