A northern New Jersey man involved in an investment fraud scheme that bilked investors out of millions of dollars has been sentenced to 33 months in prison.
A Main Line man who conned investors out of millions through a Ponzi scheme will be spending virtually the rest of his life in prison.
A 64-year-old Bala Cynwyd man has been sentenced to eight years in prison for a Ponzi scheme that cost just over 20 victims over $7 million.
Victims have told the court Ira Pressman is the Michael Jordan of schemers and he deserves a sentence long sentence.
It’s a swiss-cheese tapestry of plot holes and arbitrary, nonsensical occurrences. The elaborate scheme is, let’s face it, laughably preposterous. But maybe that’s half the fun.
A suburban Philadelphia man with five prior white-collar convictions pleaded guilty Monday to running a $17 million real-estate Ponzi scheme.
Only CBS 3 cameras were there as a Main Line businessman was taken away to prison in handcuffs charged with defrauding investors out of more than $5 million dollars.
People who turned their money over to Carr Miller Capital were promised a 10-15 percent annual return on their investments.