Tag: Brooklyn Ponzi scheme
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NY ATTORNEY GENERAL: Unlimited Wealth Associates Pulled Off ‘Seemingly Limitless Fraud And Deceit’ In Ponzi And Pyramid Scheme That Operated Nationwide
A company known as Unlimited Wealth Associates operated Ponzi and pyramid schemes that obtained at least $7 million, New York’s top prosecutor said today. “While this company promised unlimited wealth, our investigation found seemingly limitless fraud and deceit as they went after investors’ savings,†said Attorney General Andrew M. Cuomo. Prosecutors “will continue to have…