Have a Claim?

Click here for a confidential contact or call:

1-212-350-2774

July 3, 2018

Posted  July 17, 2018

A New York attorney was sentenced to seven years in prison for defrauding investors in a Ponzi-style scheme he created.  He was also required to pay just over $2 million in restitution to his investors.  Like the namesake scheme, this one relied on using new investors to pay out the supposed returns of the initial investors.  USAO WDNY

Tagged in: Misrepresentations, Ponzi Schemes, Securities Fraud,

Newsletter

Subscribe to receive email updates from the Constantine Cannon blogs

Sign up for: