Tag:

Securities

Randolph Duo Admits To $3.2M Ponzi Scheme That Took Locals' Life Savings: Feds Randolph Duo Admits To $3.2M Ponzi Scheme That Took Locals' Life Savings: Feds
Randolph Duo Admits To $3.2M Ponzi Scheme That Took Locals' Life Savings: Feds Dozens of people — including some who handed over their life savings — were defrauded out of more than $3 million by a Randolph couple who now admit to running a Ponzi scheme, according to federal officials. Milendophe Duperier, 33, and Vanessa Joseph, 26, have agreed to plead guilty to one count each of conspiracy to commit wire fraud, the US Attorney for Massachusetts said.  Court dates for their plea hearings have not yet been set. According to prosecutors, Duperier posed as an investment advisor, convincing locals to hand over money with the promise it would be used to buy securiti…