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

Dec 26, 2018By

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.

3d rendering of a row of luxury townhouses along a street

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