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BUSINESSPost and Courier·4h ago

‘Hallmark of a Ponzi scheme’: Title sponsor of Myrtle Beach's PGA Tour event faces fraud allegations

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The title sponsor of Myrtle Beach's PGA Tour event faces fraud allegations after abruptly shutting down in September. Reports suggest the company used the golf tournament and celebrity connections to conceal financial struggles.

A title sponsor of Myrtle Beach's PGA Tour event abruptly shut down in September and now faces allegations of fraud, including that the company used the golf tournament and ties to A-list celebrities to mask its financial struggles.

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