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 »
Long Island Ponzi Scheme Victims Get Their Money Back From Ponzi Schemers Matthew Eckstein and Kevin Brody Prosecutors and Long Island Ponzi scheme victims say Matthew Eckstein and Kevin Brody took a page from Bernie Madoff’s playbook. They bilked nearly 50 victims of more than $12 million. Now, two Long Island Ponzi scheme victims who
Long Island Ponzi Scheme Victims Get Their Money Back Read Post »
Mississippi Ponzi Schemer Busted Scamming $100 Million From Hundreds Of Clients A Mississippi Ponzi schemer Arthur Lamar Adams was busted for stealing more than $100 million from hundreds of victims. The Department of Justice charged Arthur Lamar Adams with two counts of wire fraud and one count of bank fraud. The Clarion-Ledger reports: Investigators said
Mississippi Ponzi Schemer Busted In $100 Million Scam Read Post »
Real Estate Ponzi Scheme Operator Seth DePiano Pleads Guilty To $24 Million Real Estate Scam California real estate Ponzi scheme operator pleaded guilty on Monday to mail fraud and money laundering. Seth DePiano entered the guilty plea as part of a deal with the U.S. Attorney’s Office. DePiano admitted to defrauding investors of about $24
Ponzi Scheme Operator Pleads Guilty To $24 Million Real Estate Scam Read Post »
