Fraud began in 1991 with purchase from its founders

From Syracuse.com, “used multiple sophisticated means to carry out his promissory note scheme over a decade,” Kane wrote. The scheme included “an elaborate web of concealment” to prevent the investors from getting their money back. he defrauded investors out of only $3 million, while prosecutors say the amount was nearly $25 million.”

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s