Scheme Believed to Have Over 400 Victims Nationwide, Including Individual, Family Offices, and Investment Groups
Baltimore, MD – 20 September 2018 – A federal grand jury has indicted three men on charges of conspiracy, wire fraud, identity theft, and money laundering, arising from an alleged $364 million investment fraud scheme. The indictment was returned under seal on September 11, 2018, and unsealed on September 18, 2018, upon the arrests of the defendants.
Read More!
More Stories
Happy Birthday CUCollector! Seventeen Years… Where Did the Time Go?
One Face. Sixteen Identities. $476,000 in Fraudulent Auto Loans
Did the CFPB Accidentally Create the Credit Washing Industry?
Q1 2026 Credit Union Auto Loan Delinquency – Déjà Vu All Over Again
$95 Million Missing: Rolexes, Teslas, a Honduras Home, and a Credit Union CEO’s Fall From Grace
Identity Theft, Fake Pay Stubs, and Nearly $69,000 in Fraudulent Loans