The Georgia financial advisor admitted to swindling $380 million from 2,000 clients in a Ponzi scheme. How to spot shady investments
Thousands of clients trusted Todd Burkhalter to invest their money in high-yield real estate loans. In reality, Burkhalter was running a massive Ponzi scheme while splurging on buses and vacations to Mexico. These lies came to light in January 2026 when Burkhalter pleaded guilty to wire fraud through his Atlanta-based company Drive Planning LLC. With…