Toledo financial managers indicted in $72 million investment scheme
The indictment, filed last week in
The felony charges include engaging in a pattern of corrupt activity, unlawful securities practices, telecommunications fraud, aggravated theft, perjury, money laundering and several other financial charges.
Seven defendants were arrested, while a final defendant is in the process of turning himself in.
The case centers on
From
To continue raising additional capital from investors, the
A total of 741 investments from at least 200 people – roughly
Besides
The case is the culmination of a multi-year investigation by the
The case is being prosecuted by the Special Prosecutions Section of the
Indictments merely contain allegations, and the defendants are presumed innocent unless proved guilty in a court of law.
If you suspect you are a victim of investment fraud or that a family member has been defrauded, call the
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