Tag: Ponzi Scheme
St. James Man Pleads Guilty in $17M Ponzi Scheme
A 62-year-old investment fund manager pleaded guilty at federal court in Central Islip on Monday to securities fraud after operating a nine-year Ponzi scheme...
2nd Guilty Plea in Historic $96M Long Island Ponzi Scheme
Prosecutors said two men orchestrated "one of the largest Ponzi schemes in Long Island history."
