Tag: hedge-fund Ponzi schemes
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Purported ‘Secret’ Computer Program And ‘Proprietary Computer Algorithm’ Were Launching Ground For Forex Swindle, Feds Say; George Sepero Charged Amid Allegations He Also Defrauded Elderly Widow With Serious Medical Problems Out Of Her Life Savings In Separate Scam
UPDATED OCT. 19, 2013. George Sepero has been sentenced to 100 months in federal prison. Our earlier story is below and has been edited to correct spelling. The word “proprietary” has been used again to mask a large financial swindle, federal prosecutors said. George Sepero, 39, of Glen Rock, N.J., has been indicted on charges…
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BULLETIN: Sean Mueller Charged With Racketeering In Colorado Ponzi Probe; Secret Service, State Securities Division Assisted Denver DA In Unraveling Alleged $71 Million Scheme
BULLETIN: In yet-another alleged case of massive Ponzi fraud, Sean Mueller has been charged with violating the Colorado Organized Crime Control Act (racketeering). Mueller, 42, also has been charged with securities fraud and theft. The prosecution was brought by the office of Denver District Attorney Mitch Morrissey, who credited the U.S. Secret Service and the…