Inside an Alleged $1.2B Ponzi Scheme That Left Investors Holding Crashed Stock — Barrons.com

By Bill AlpertTwo days after Z Squared began trading on Nasdaq in April, its executives rang the closing bell, joined by trader and television commentator Jon Najarian. A month later, the new stock got tapped for the FTSE Russell 2000 index.That April debut was part of a plan to get unhappy investo…