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Englewood Swindler Admits Conning Families Out Of $1.5M In Cosmetics Company Scheme
A former Englewood resident admitted in federal court that he scammed three investors out of $1.5 million with a bogus cosmetics company.
Matthew Benjamin, 53, used the money instead for car and house rental payments, food, international travel, legal fees, technology equipment and summer camp tuition for family members, U.S. Attorney Craig Carpenito said.
Benjamin, currently of New York, told the victims that his purported company, Clear Solutions Group, had lucrative contracts to purchase closeout or excess cosmetic inventory from one company that he planned to sell to another, Carpenito…
