Light Rain Fog/Mist 51°
Tag:

Rockledge, Florida

News
Ex-LI Liquor Distributor Sentenced For Defrauding Investors In Product Featured On 'Shark Tank' Ex-LI Liquor Distributor Sentenced For Defrauding Investors In Product Featured On 'Shark Tank'
Ex-LI Liquor Distributor Sentenced For Defrauding Investors In Product Featured On 'Shark Tank' A former liquor distributor on Long Island whose product was featured on the TV show “Shark Tank” will spend time in prison after being sentenced for defrauding investors. Joseph Falcone, 60, who formerly operated a wine and liquor distribution business known as 3G’s Vino was sentenced to two years in prison for wire fraud in connection to his fraud scheme. In addition to his prison sentence, Falcone was also ordered to pay $1.8 million in restitution to seven investigators following his guilty plea last June. Acting U.S. Attorney Seth DuCharme said that in December 2012, Falcone establis…

SHARE

by Zak Failla