Real Estate Investment Ponzi-Scheme Case Over in New Jersey
Marcia Sladich, who operated a New York City Metropolitan Area real estate investment program received a sentence of 70 months in federal prison today after pleading guilty to running a Ponzi-scheme in...
View ArticleAnother Financial Pyramid Scheme Sentence
In another New York City Ponzi-Scheme prosecution, Brian David Anderson, a Canadian citizen, was sentenced today to 90 months in prison for running a $4 million investment fraud and Ponzi scheme. Mr....
View ArticleMortgage Fraud and Real Estate Investment Fraud Scheme Sentencing
In one of the largest real estate investment fraud schemes in New Jersey history an din New York City area, Wayne Puff, the founder and president of NJ Affordable Homes (NJAH) was sentenced to 18 years...
View ArticleNYC Ponzi Scheme Targets Churches
It seems like Ponzi schemers have dipped their lies into almost every type of profitable industry possible while duping a wide variety of people. Past Ponzi schemers conned the public out of millions...
View ArticleReal Estate Fraud Scheme Busted in Manhattan
As the residential real estate market in New York City slowly continues to emerge from the deep pits of recession, sales at new condominium, apartment building and houses are starting to pick up. Yet,...
View ArticleSecurities Fraud Sentence in New York City
Edward T. Stein was sentenced in New York City federal court to nine years of imprisonment for securities fraud and wire fraud after pleading guilty on June 22, 2009. Between 1998 to the date of his...
View ArticleFormer Prominent Democratic Fundraiser Pleads Guilty To Running A...
Hassan Nemazee, a New York businessman and prominent Democratic fundraiser, pleaded guilty to charges of defrauding multiple banks such as Bank of America, Citibank and HSBC Bank of approximately $290...
View ArticleNew Jersey Resident Scams Over 20 Investors from New York And New Jersey Over...
Antoinette Hodgson of New Jersey was arrested and charged with one count of conspiracy to commit wire fraud and one count of wire fraud for conducting a real estate Ponzi scheme which defrauded more...
View ArticleNew York Accountant Arrested For Operating A $2 Million Ponzi
Laurence M. Brown, an accountant in Westchester County, New York, was arrested and charged with one count of securities fraud, one count of wire fraud, and one count of money laundering for allegedly...
View ArticleWhat Are Signs Of A Ponzi Scheme And How Do I Know If I Am Associated With One?
The most savvy of investors will tell you that an investment that provides high and consistent initial returns is suspicious. Furthermore, if you bear almost no risk with the investment and are...
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