Federal Court Judge Sentences Colombian Payday Loan Scammer Efrain Betancourt, Jr. To 7 Years in Prison A federal judge in Miami has sentenced Colombian payday loan scammer to 87 months in federal prison. Efrain Betancourt, Jr., orchestrating a scheme that defrauded more than 600 investors out of over $66 million. Betancourt was the chief executive […]
Colombian Payday Loan Scammer Gets 7 Years in Prison Read Post »
Feds Have Arrested A Colombian National Arrested For Operating A $66 Million Ponzi Scheme Disguised as a Payday Loan Company The FBI has busted a Colombian National for operating a $66 million Ponzi scheme disguised as a payday loan company. Law enforcement arrested Efrain Betancourt, Jr. on November 14, 2024 when he arrived at Miami
Colombian National Arrested For Fake Payday Loan Company Read Post »
Miami Based Payday Loan Scam Bilked 500 Venezuelan-American Investors Out Of Millions Of Dollars The opererator of a Miami-based payday loan scam bilked hundreds of investors out of millions of dollars. The SEC alleges Efrain Betancourt Jr. repaid others with money he acquired from a Ponzi scheme. Federal investigators allege Betancourt scammed 500 investors from
Payday Loan Scam Bilked Investors Out Of Millions Read Post »
