Troy Barnes and Kristi Johnson operated a fraudulent Pyramid/Ponzi scheme through Work With Troy BARNES, Inc. (WWTB), an entity they founded and which did business as “The Achieve Community” (TAC). They enticed victim-investors to buy “positions” and earn returns of 700 percent, generating more than $6.8 million. Victims bought $50 “positions” and were to receive $400 in return for each $50 position. Success depended on new investors to “retire” early investors positions.
USAO - North Carolina, Western
Updated June 2, 2016