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Platinum Partners co-founder Mark Nordlicht, who was found guilty of fraud in New York federal court, was sentenced to six months of home confinement https://t.co/v0L8ePrx6J
Sean Grusd pleaded guilty last year to stealing $23 million from investors in Chicago and elsewhere. With the latest allegation, prosecutors now want him locked up until sentencing. https://t.co/PAwNKwakgS
The founder of the now-defunct Platinum Partners hedge fund was sentenced to six months of home confinement over his role in what prosecutors called a scheme to defraud bondholders of an oil and gas company https://t.co/xbRMyjdQxL https://t.co/YA5t6iS6QT
A 60-year-old Utah man has been sentenced to 29 months in federal prison after defrauding approximately 300 investors out of $10 million through his smartphone company. From 2006 to 2020, the man deceived investors by claiming his smartphones were on the brink of a multi-billion-dollar payout. The sentencing was part of a broader crackdown on fraud, which also saw the former CEO of a North Texas tech company heading to federal prison for defrauding investors while attempting to purchase two professional soccer clubs in England.
