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Jorge Padilla

Area Man Admits To Defrauding Investors Out Of Nearly $1M Area Man Admits To Defrauding Investors Out Of Nearly $1M
Area Man Admits To Defrauding Investors Out Of Nearly $1M A Hudson Valley man has admitted to defrauding multiple victims out of nearly a million dollars as part of an elaborate scheme, U.S. Attorney Geoffrey Berman announced. Rockland County resident Jorge Padilla, 33, of Haverstraw, pleaded guilty in district court to defrauding his victims out of more than $900,000 by soliciting investments in a sham financial firm by using misrepresentation and fraudulent documents. Specifically, Padilla pleaded guilty to one count of wire fraud. When he is sentenced, he will face up to 20 years in prison. Berman said that between September 2014 and April 201…