Gina Champion-Cain has been arrested for some serious misconduct. Know her Wikipedia, husband and net worth by reading this article.
Gina Champion-Cain is a San Deigo entrepreneur. She is the founder of The Patio Group.
The businesswoman is the owner of many restaurants, real estate, and clothing businesses in the California area.
Furthermore, she is the founder and former CEO of American National Investments.
As of now, Gina’s arrest has been highlighted in many news and websites. Know the reason behind her arrest by reading this article below;
BREAKING: In Federal Court, prominent San Diego businesswoman Gina Champion Cain has just pleaded guilty to Securities Fraud, Conspiracy, and obstruction of justice. She had no comment walking out of court. She’s facing up to 15-years in prison. #nbc7 pic.twitter.com/hmn0rMPcKf
— Artie Ojeda (@ArtieNBCSD) July 22, 2020
Gina Champion-Cain Wikipedia and Net Worth
Gina Champion-Cain’s Wikipedia is under review for now.
Taking about Gina’s education, she has a Master’s degree from the University of San Diego.
GIna Champion-Cain’s age is 57 years old as of March 2021.
As a business magnate, Gina Champion-Cain net worth is speculated to be as high as $15 million.
Gina Champion-Cain Husband: Who is she married to?
Gina Champion-Cain husband information is not available. Therefore we have no idea if she is married or not.
Similarly, Gina Champion-Cain’s family details appeared to be missing from the web.
GIna Champion-Cain is active over the Twitter platform. Her username is “@GChampionCain”. Furthermore, her Instagram account under username “ginachampioncain” with 795 followers is kept private.
Gina Champion-Cain: Was She Arrested?
Gina Champion-Cain was accused of loan fraud.
As per the U.S. District, she will be receiving 15 years imprisonment for the $400M Ponzi scheme.
According to Investopedia, a Ponzi scheme is a scam that generates returns for earlier investors with money taken from later investors.
She raised more than $ 350 million from more than 500 investors and promised to use the invested money to make loans to business owners who were attempting to acquire California liquor licenses.
Furthermore, she was charged for using $10 million from the investment amount to support her failing Patio restaurants and other retail businesses.