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Greenwich Hedge Fund Owner Admits To Stealing $3.4M From Investors: DOJ
A Connecticut businessman who ran a hedge fund based in Greenwich has admitted to stealing millions from investors in a years-long scam.
Justin C. Murphy, 50, of Stamford, pleaded guilty in federal court to wire fraud and money laundering, the US Attorney for Connecticut said. He faces up to 30 years in prison.
Prosecutors say he misled clients, faked financial statements, and used their money to fund his lifestyle, including investing in a relative’s startup.
Murphy owned and operated Mara Investment Group, also known by similar names, claiming it was a hedge fund that used a smart,…
Incest, Rape: Woman In Mass Illegally Facing Horrific Crimes Against Child, ICE Says
Federal authorities have arrested a Brazilian woman living illegally in Massachusetts who now faces multiple charges connected to the sexual abuse of a child, officials said.
Ilma Leandro De Oliveira, 53, was taken into custody in Falmouth on March 20 by agents from ICE, the FBI, and the ATF, according to officials on Tuesday, April 15.
De Oliveira is accused of committing numerous crimes involving the sexual abuse of a child. According to ICE, she is charged with rape of a child, reckless endangerment of a child, indecent exposure, indecent assault and battery on a child under 14, unnatura…
Amazon Workers Go On Strike, Protest In 20 Nations, Including US
Amid the busiest shopping weekend of the holiday season, workers for Amazon, the world's largest online retailer, have gone on strike.
Protesting under the banner of “Make Amazon Pay.” employees have walked off the job across six continents in 20 countries, including the United States.
The strike is scheduled to last from Black Friday on Nov. 29 through Cyber Monday, Dec. 2, the UNI Global Union announced, saying protests will be held in majors cities in the US, United Kingdom, Germany, Japan, India, Brazil and elsewhere.
The strike could cause customers' holiday deliveries …
Greenwich Investment Firm Founder Stole Millions In Clients' Cash: Feds
A 49-year-old Connecticut man faces potentially decades in prison after he allegedly defrauded and stole $3.5 million of his client's money for years, federal authorities said.
Justin C. Murphy, 49, of Stamford, is charged with 15 counts of wire fraud, five counts of money laundering, and three counts of tax evasion, the US Attorney for Connecticut announced on Tuesday, Nov. 5.
Murphy ran the Greenwich-based investment firm Mara. The company also went by Mara Investment Group, LLC, Mara Investment Management LP, and Mara Investments Global Management LLC.
Federal inv…