November 25, 2015
A Second Circuit panel on Wednesday affirmed a 121-month prison sentence handed down to a New York broker-dealer who pled guilty in 2011 to running a Ponzi scheme to finance his real estate investments, saying the district court was right to count spouses as separate victims.
March 04, 2015
A New York broker-dealer who pled guilty to running a Ponzi scheme to finance his real estate investments was ordered to pay his alleged victims $3.8 million in restitution in federal court Tuesday.
October 13, 2011
The founder of Prime Rate and Return LLC and American Integrity Financial Co. was sentenced to 10 years in prison Wednesday in New York for running a Ponzi scheme for nearly eight years and bilking investors out of $5.8 million.