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Business Fraud

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'Real Housewives' Star Admits To Running Telemarketing Fraud Scheme That Targeted Some NYers 'Real Housewives' Star Admits To Running Telemarketing Fraud Scheme That Targeted Some NYers
'Real Housewives' Star Admits To Running Telemarketing Fraud Scheme That Targeted Some NYers “Real Housewives of Salt Lake City” star Jennifer Shah has admitted to running a decade-long telemarketing scheme that tricked thousands of victims, including some New Yorkers, into bogus investment opportunities. Shah, age 48, of Utah, appeared in a federal courtroom in Manhattan on Monday, July 11, where she pleaded guilty to one count of conspiracy to commit wire fraud in connection with telemarketing. Federal prosecutors said between 2012 and March 2021, Shah trafficked “lead lists” of potential victims that her co-conspirators used to convince victims to pay thousands of dollars for “…

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by Michael Mashburn
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NY Man Sentenced For $1.1 Million Bank Loan, Credit Card Fraud Schemes NY Man Sentenced For $1.1 Million Bank Loan, Credit Card Fraud Schemes
NY Man Sentenced For $1.1 Million Bank Loan, Credit Card Fraud Schemes A former business owner from Long Island has been sentenced in connection with a scheme to defraud banks, business partners, and a customer out of about $1.1 million.  Marcello Sozio, age 65, of Huntington, was sentenced to 36 months in prison for wire fraud, according to an announcement from the United States Attorney’s Office for the Eastern District of New York on Thursday, Oct. 14. He was also ordered to pay about $1.1 million in forfeiture and restitution to the victims. “Today, the defendant has been deservedly sentenced to prison for the financial harm he caused by de…

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by Nicole Valinote