Tag: Financial Fraud Enforcement Task Force (FFETF)
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FEDS: Former Police Officer Recruited Active-Duty and Retired Cops, Firefighters Into Ponzi Scheme, Defrauding Them Of Nearly $900,000
In yet-another action brought through the interagency Financial Fraud Enforcement Task Force (FFETF), a former police officer in a Cleveland suburb has been charged with operating a Ponzi scheme that defrauded law-enforcement colleagues and firefighters out of $889,000, federal prosecutors said. Raymond Thomas, 49, who formerly lived in Mentor, Ohio, and served on the Warrensville…