New York man gets 56 months in jail for running $62 million real estate Ponzi scheme

New York man gets 56 months in jail for running million real estate Ponzi scheme
A New York man will spend more than the next four years in jail after admitting to running a real estate Ponzi scheme that defrauded investors out of approximately $62 million by promising “risk-free” investments in commercial real estate.
Source: https://www.housingwire.com/rss