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GAINESVILLE, Fla. (WCJB) ā A newly filed lawsuit compares the schemes of famous fraudsters Charles Ponzi and Bernie Madoff to a womanās investments in the Celebration Pointe plaza project.
Patricia Shively, 74, claims she was misled into investing and guaranteeing loans worth hundreds of millions of dollars for the project. With Celebration Pointe filing for bankruptcy protections, Shively faces āfinancial ruin.ā
On Tuesday, attorneys representing Shively say they filed a lawsuit against developer Viking Construction and owner Svein Dyrkolbotn as well as wealth management firm Koss Olinger and partner William Olinger, among others.

āDeceitful schemeā: Celebration Pointe investor sues developer, financial advisor following bankruptcy
With Celebration Point filing for bankruptcy protections, the investor faces āfinancial ruinā