Capitol Investments USA

Nevin Shapiro To Be Sentenced In $880M Ponzi SchemeNevin Shapiro, once known for his sports philanthropy, pleaded guilty in September in New Jersey federal court to one count of securities fraud and one count of money laundering. The plea was part of an agreement that still has him facing up to 17 years in prison.
Man Pleads Guilty In NJ In $880M Fraud CaseA Florida man known for his sports-related philanthropy pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million in losses.
Plea Hearing Set For Defendant In $880M Fraud CaseA Florida man accused of running a $880 million Ponzi scheme that authorities say paid for lavish spending sprees and sports philanthropy may have reached a deal with federal prosecutors.
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