SEC charges a Georgia man with operating a decade-long Ponzi scheme that made more than $110 million

Andrew Kelly/Reuters
The SEC is charging a Georgia man with allegedly operating a decade-long Ponzi scheme.The regulator said John Woods preyed on elderly victims in the scheme.Woods allegedly operated the Ponzi scheme through two entities: Southport Capital and Horizon Private Equity.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
The SEC is charging a Georgia man with allegedly operating a decade-long Ponzi scheme that raised more than $110 million from over 400 inves