New blog tracks Ponzi schemes across U.S.

Seems like there are blogs for everything these days, from immensely popular subjects to the thoroughly arcane.

But Tampa attorney Jordan Maglich was surprised to learn no one, far as he could tell, monitored Ponzi schemes nationwide. So Maglich, who focuses on securities and financial services litigation at Wiand Guerra King, launched his own Ponzi watch blog. He launched the website, ponzitracker.com, earlier this summer.

Maglich's firm, through lead attorney Burt Wiand, is the court-appointed receiver in the case of Arthur Nadel, a Sarasota financier who pleaded guilty to a $162 million Ponzi scheme last year. Maglich worked on that case, which is when the Ponzi tracker blog idea was born.