April 30, 2019

Brynee Baylor, a former D.C. attorney, was convicted for her role in a $2 million investment fraud scheme. Baylor and her co-conspirators recruited investors into a phony trading program which promised large profits in a short amount of time with little to no risk. Baylor faces five years in prison for the conspiracy count, 20 years for the securities fraud count, and 10 years in prison for each of the first-degree fraud counts. Sentencing has not yet been scheduled.   DOJ

Tagged in: Financial and Investment Fraud, Ponzi Schemes, Securities Fraud,