Tag:

Ponzi Scheme

Bronxville, NY
News
Bronxville Man Admits To $5M Investment Fraud Scheme Targeting Friends, Family: Feds Bronxville Man Admits To $5M Investment Fraud Scheme Targeting Friends, Family: Feds
Bronxville Man Admits To $5M Investment Fraud Scheme Targeting Friends, Family: Feds A Westchester County man has pleaded guilty to running a…

SHARE

by Ben Crnic
Wyckoff-Franklin Lakes, NJ
News
Feds Indict Franklin Lakes Real Estate Influencer In Multi-Million Dollar Ponzi Scheme Feds Indict Franklin Lakes Real Estate Influencer In Multi-Million Dollar Ponzi Scheme
Feds Indict Franklin Lakes Real Estate Influencer In Multi-Million Dollar Ponzi Scheme A real estate influencer from Bergen County known as “Flipping NJ”…

SHARE

by Cecilia Levine
Wyckoff-Franklin Lakes, NJ
News
Franklin Lakes Wife Indicted In Notorious House-Flipper Husband's Federal Case Franklin Lakes Wife Indicted In Notorious House-Flipper Husband's Federal Case
Franklin Lakes Wife Indicted In Notorious House-Flipper Husband's Federal Case A New Jersey woman has been indicted in a federal case tied to her…

SHARE

by Cecilia Levine
Hartford, CT
Sports
Pickleball Company Owner Scammed Hundreds, Owes $47M In Debts: DOJ Pickleball Company Owner Scammed Hundreds, Owes $47M In Debts: DOJ
Pickleball Company Owner Scammed Hundreds, Owes $47M In Debts: DOJ A pickleball company owner accused of running a Ponzi-like scheme won't be…

SHARE

by Chris Spiker
Randolph, MA
Police & Fire
Randolph Duo Admits To $3.2M Ponzi Scheme That Took Locals' Life Savings: Feds Randolph Duo Admits To $3.2M Ponzi Scheme That Took Locals' Life Savings: Feds
Randolph Duo Admits To $3.2M Ponzi Scheme That Took Locals' Life Savings: Feds Dozens of people — including some who handed over their life savings —…

SHARE

by Josh Lanier
White Plains, NY
News
FBI In Manhattan Still Searching For ‘Cryptoqueen’ Missing After $4B Scam FBI In Manhattan Still Searching For ‘Cryptoqueen’ Missing After $4B Scam
FBI In Manhattan Still Searching For ‘Cryptoqueen’ Missing After $4B Scam She promised the next Bitcoin. What investors got instead was a $4 billion black…

SHARE

by Joe Lombardi
Bergenfield, NJ
News
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says $4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says More than $4.3 billion has now been recovered for victims of Bernie Madoff’s massive…

SHARE

by Joe Lombardi
Wyckoff-Franklin Lakes, NJ
News
Franklin Lakes Wife Destroyed Phone To Obstruct Feds In Husband's High-Profile Probe: Officials Franklin Lakes Wife Destroyed Phone To Obstruct Feds In Husband's High-Profile Probe: Officials
Franklin Lakes Wife Destroyed Phone To Obstruct Feds In Husband's High-Profile Probe: Officials Federal authorities have charged the wife of a Bergen…

SHARE

by Cecilia Levine
Hillsborough, NJ
Police & Fire
Disbarred NJ Attorney Admits To Ponzi Scheme That Cost Investors $1 Million: Feds Disbarred NJ Attorney Admits To Ponzi Scheme That Cost Investors $1 Million: Feds
Disbarred NJ Attorney Admits To Ponzi Scheme That Cost Investors $1 Million: Feds A 61-year-old Hillsborough resident pleaded guilty on Wednesday, Oct. 9…

SHARE

by Sam Barron
Massapequa, NY
News
NY Man Who 'Lived Large' Off $1 Million Ponzi Scheme Sentenced NY Man Who 'Lived Large' Off $1 Million Ponzi Scheme Sentenced
NY Man Who 'Lived Large' Off $1 Million Ponzi Scheme Sentenced A former New York investment broker has received a lengthy stay in prison for running a…

SHARE

by Sophie Grieser
Fort Lee, NJ
Police & Fire
‘Crypto Con Man’: Imprisoned Instagrifter Gets 7 Federal Years For $8M Fraud Scheme ‘Crypto Con Man’: Imprisoned Instagrifter Gets 7 Federal Years For $8M Fraud Scheme
‘Crypto Con Man’: Imprisoned Instagrifter Gets 7 Federal Years For $8M Fraud Scheme UPDATE: Imprisoned Instagram influencer “Jay Mazini” apparently…

SHARE

by Jerry DeMarco
Wyckoff-Franklin Lakes, NJ
Police & Fire
Bergen Biz Partner Of Power 105.1 DJ Envy Busted By Feds In Multi-Million-Dollar Fraud Scheme Bergen Biz Partner Of Power 105.1 DJ Envy Busted By Feds In Multi-Million-Dollar Fraud Scheme
Bergen Biz Partner Of Power 105.1 DJ Envy Busted By Feds In Multi-Million-Dollar Fraud Scheme A New Jersey real estate investor and influencer who's…

SHARE

by Jerry DeMarco
Massapequa, NY
News
Multi-Million Dollar Ponzi Scheme: Long Island Man Sentenced, Must Pay $3.3M In Restitution Multi-Million Dollar Ponzi Scheme: Long Island Man Sentenced, Must Pay $3.3M In Restitution
Multi-Million Dollar Ponzi Scheme: Long Island Man Sentenced, Must Pay $3.3M In Restitution A Long Island man has been sentenced to over three years in…

SHARE

by Sophie Grieser
Teaneck, NJ
Police & Fire
Teaneck Swindler Whose Family Helped Fleece $4.7M From Investors Gets 8 Years In State Slammer Teaneck Swindler Whose Family Helped Fleece $4.7M From Investors Gets 8 Years In State Slammer
Teaneck Swindler Whose Family Helped Fleece $4.7M From Investors Gets 8 Years In State Slammer UPDATE: A Teaneck con man who was captured after…

SHARE

by Jerry DeMarco
Newark, NJ
Police & Fire
$6M Ponzi Scheme: Braggart Hedge Fund 'Tycoon' Busted By Undercover NJ Fed $6M Ponzi Scheme: Braggart Hedge Fund 'Tycoon' Busted By Undercover NJ Fed
$6M Ponzi Scheme: Braggart Hedge Fund 'Tycoon' Busted By Undercover NJ Fed The well-heeled hedge fund tycoon from Chicago seemingly couldn’t help…

SHARE

by Jerry DeMarco
Massapequa, NY
Police & Fire
$1 Million Ponzi Scheme: Long Island Investment Broker Pleads Guilty $1 Million Ponzi Scheme: Long Island Investment Broker Pleads Guilty
$1 Million Ponzi Scheme: Long Island Investment Broker Pleads Guilty A man who conned friends and neighbors in order to fund his “luxurious lifestyle” is…

SHARE

by Sophie Grieser
Newark, NJ
News
Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ
Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ A former pro-Trump PAC exec who blamed "that b**** Hillary…

SHARE

by Jerry DeMarco
White Plains, NY
News
White Plains Man, Partner Sentenced For Roles In $1M Ponzi Scheme White Plains Man, Partner Sentenced For Roles In $1M Ponzi Scheme
White Plains Man, Partner Sentenced For Roles In $1M Ponzi Scheme A Westchester County man and his business partner have been sentenced for their…

SHARE

by Joe Lombardi
Bowie, MD
News
Maryland 'Pastor' Convicted For Targeting Religious Investors In $28 Million Ponzi Scheme Maryland 'Pastor' Convicted For Targeting Religious Investors In $28 Million Ponzi Scheme
Maryland 'Pastor' Convicted For Targeting Religious Investors In $28 Million Ponzi Scheme A Maryland man has been convicted of operating a $28 million…

SHARE

by Annie DeVoe
Yonkers, NY
News
Bernie Madoff Ponzi Scheme Victims To Get $372M More In Distributions, Feds Announce Bernie Madoff Ponzi Scheme Victims To Get $372M More In Distributions, Feds Announce
Bernie Madoff Ponzi Scheme Victims To Get $372M More In Distributions, Feds Announce Thousands of Bernie Madoff’s Ponzi scheme victims will be…

SHARE

by Michael Mashburn
New Haven, CT
Police & Fire
Decomposed Body Found In Connecticut Home ID'd As Ponzi Swindler, Jeffrey Epstein Mentor Decomposed Body Found In Connecticut Home ID'd As Ponzi Swindler, Jeffrey Epstein Mentor
Decomposed Body Found In Connecticut Home ID'd As Ponzi Swindler, Jeffrey Epstein Mentor A body found in a Connecticut home during a welfare check…

SHARE

by Kathy Reakes
Massapequa, NY
News
NY Man Sentenced For Role In $12M Ponzi Scheme Targeting Nearly 50 Victims NY Man Sentenced For Role In $12M Ponzi Scheme Targeting Nearly 50 Victims
NY Man Sentenced For Role In $12M Ponzi Scheme Targeting Nearly 50 Victims A New York man was sentenced for his role in a $12 million Ponzi scheme…

SHARE

by Joe Lombardi
New City, NY
News
Hudson Valley Man Sentenced For Ponzi-Like Fraud Scheme Hudson Valley Man Sentenced For Ponzi-Like Fraud Scheme
Hudson Valley Man Sentenced For Ponzi-Like Fraud Scheme A Hudson Valley man will spend years behind bars after being busted for operating a…

SHARE

by Zak Failla
Newark, NJ
News
NJ FEDS: Miracle-Aspirin Investment Scam Sends Long Island Man To Prison For 4½ Years NJ FEDS: Miracle-Aspirin Investment Scam Sends Long Island Man To Prison For 4½ Years
NJ Feds: Miracle-Aspirin Investment Scam Sends Long Island Man To Prison For 4½ Years A Long Island man must spend the next 4½ years in prison for…

SHARE

by Jerry DeMarco
Newark, NJ
News
Feds: Ponzi Schemer Funded House, Car, More With $6.8M From Investors In NJ, Elsewhere Feds: Ponzi Schemer Funded House, Car, More With $6.8M From Investors In NJ, Elsewhere
Feds: Ponzi Schemer Funded House, Car, More With $6.8M From Investors In NJ, Elsewhere New Jersey residents were among more than two dozen victims…

SHARE

by Jerry DeMarco
Massapequa, NY
News
Long Island Couple In $1 Million Securities Scam Targeting Investors, Authorities Say Long Island Couple In $1 Million Securities Scam Targeting Investors, Authorities Say
Long Island Couple In $1 Million Securities Scam Targeting Investors, Authorities Say Several New Jersey seniors were scammed out of more than $1 million…

SHARE

by Jerry DeMarco
Hackensack, NJ
News
Authorities: Long Island Couple In $1 Million Securities Scam Targeted Elderly NJ Investors Authorities: Long Island Couple In $1 Million Securities Scam Targeted Elderly NJ Investors
Authorities: Long Island Couple In $1 Million Securities Scam Targeted Elderly NJ Investors Several New Jersey seniors were scammed out of more than $1…

SHARE

by Jerry DeMarco
Hackensack, NJ
News
NY Con Man Admits Scamming $3.5M From Elderly Investors In NJ, Elsewhere For Heart Attack Pill NY Con Man Admits Scamming $3.5M From Elderly Investors In NJ, Elsewhere For Heart Attack Pill
NY Con Man Admits Scamming $3.5M From Elderly Investors In NJ, Elsewhere For Heart Attack Pill A convicted con artist from Long Island admitted in…

SHARE

by Jerry DeMarco
Massapequa, NY
News
Long Island Man Admits To $4.7M Mortgage-Fraud Scheme Long Island Man Admits To $4.7M Mortgage-Fraud Scheme
Long Island Man Admits To $4.7M Mortgage-Fraud Scheme An unlicensed mortgage broker on Long Island has admitted to his role in a multi-million dollar…

SHARE

by Zak Failla
Mount Pleasant, NY
News
Hudson Valley Man Convicted For Running Multimillion-Dollar Ponzi, Embezzlement Schemes Hudson Valley Man Convicted For Running Multimillion-Dollar Ponzi, Embezzlement Schemes
Hudson Valley Man Convicted For Running Multimillion-Dollar Ponzi, Embezzlement Schemes A Hudson Valley man has been convicted for operating a…

SHARE

by Joe Lombardi
Franklin Township, NJ
News
NJ Con Man Who Swindled Elderly Out Of $2M Headed To Fed Pen NJ Con Man Who Swindled Elderly Out Of $2M Headed To Fed Pen
NJ Con Man Who Swindled Elderly Out Of $2M Headed To Fed Pen A confessed Somerset County con man is headed to federal prison for 6½ years for…

SHARE

by Jerry DeMarco