MNN
"It probably seemed too good to be true: A corporation promising to build a carbon-negative residential community powered by a groundbreaking new type of alternative energy, all of which would yield investors returns of anywhere from 17 to "infinite" percent.It turns out it was too good to be true, according to the Securities and Exchange Commission, which on Nov. 17, 2009, charged Philadelphia-based Mantria Corporation with securities fraud, calling it a "green investment Ponzi scheme." But by that time, Mantria investors — most of them from the Denver area — had already been bilked out of a reported $54 million."
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