Final Woodbridge Execs Plead Guilty in $1.3B Ponzi Scheme Dane Roseman and Ivan Acevedo pleaded guilty this week for their roles in the $1.3 billion Ponzi scheme that affected some 9,000 investors. Woodbridge Group executives Dane Roseman and Ivan Acevedo pleaded guilty in a Florida federal court this week for their role in the $1.3 billion Ponzi scheme that affected 9,000 investors, according to the Department of Justice. The two are scheduled to be sentenced on Sept. 20 in federal court in Miami. Roseman and Acevedo were originally arrested and charged in 2019, along with Robert H. Shapiro, the owner of the Woodbridge Group. According to the DOJ, Shapiro concocted and concealed the Ponzi scheme through his business from July 2012 through December 2017, when it filed for Chapter 11 bankruptcy after the Securities and Exchange Commission froze its assets.