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Wednesday, April 23, 2025

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$20 Million Ponzi

The SEC brought a <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/10/Ponzi.pdf">federal complaint</a></strong> accusing Todd Elliott Hitt, 53, of Arlington, Va., of running his real estate companies, Kiddar Capital and Kiddar Group Holdings, as a $20 million Ponzi scheme “to support his extravagant lifestyle.”

ALEXANDRIA, Va. — The SEC brought a federal complaint accusing Todd Elliott Hitt, 53, of Arlington, Va., of running his real estate companies, Kiddar Capital and Kiddar Group Holdings, as a $20 million Ponzi scheme “to support his extravagant lifestyle.”

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