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Rand Heckler

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NY Man Who 'Lived Large' Off $1 Million Ponzi Scheme Sentenced NY Man Who 'Lived Large' Off $1 Million Ponzi Scheme Sentenced
Glen Cove Investment Broker Who Ran Ponzi Scheme Sentenced A former New York investment broker has received a lengthy stay in prison for running a million-dollar Ponzi scheme. Long Island resident Rand Heckler, age 67, of Glen Cove, was sentenced to up to seven-and-a-half years in prison on Wednesday, May 15, the Nassau County District Attorney (NCDA) announced. Heckler was an investment broker in 2015 when he began his scheme, recommending that his friend and his friend’s son that they invest in a hedge fund of stocks and securities that Heckler was managing. Original Story - $1 Million Ponzi Scheme: Glen Cove Investment Broker Pleads …

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by Sophie Grieser
Police & Fire
$1 Million Ponzi Scheme: Long Island Investment Broker Pleads Guilty $1 Million Ponzi Scheme: Long Island Investment Broker Pleads Guilty
$1 Million Ponzi Scheme: Long Island Investment Broker Pleads Guilty A man who conned friends and neighbors in order to fund his “luxurious lifestyle” is now facing time behind bars. Rand Heckler, age 67, of Glen Cove, pleaded guilty to running a million-dollar Ponzi scheme where he conned acquaintances and strangers out of hundreds of thousands, the Nassau County District Attorney announced on Friday, April 21. The former investment broker started the scheme in 2015 by recommending that friends invest in a hedge fund of stocks and securities he was managing, the DA said. Between 2015 and 2020, Heckler received 24 checks from his victims totaling over $755…

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by Sophie Grieser
News
Former Broker From Long Island Accused Of Swindling $1M From Friends, Neighbors Former Broker From Long Island Accused Of Swindling $1M From Friends, Neighbors
Former Broker From Long Island Accused Of Swindling $1M From Friends, Neighbors A former investment broker from Long Island has been accused of using a fake hedge fund to fleece friends and neighbors out of more than $1 million in a Ponzi scheme. Rand Heckler, 55, of Glen Head, allegedly used his clients’ money – more than $1 million – to pay for his mortgage, country club membership and other expenses, Nassau County District Attorney Madeline Singas said. Heckler was arraigned on Wednesday, Sept. 30 in Mineola and charged with: three counts of grand larceny in the second degree (a Class C felony),  grand larceny in the third degree (a Class D felony), sc…

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by Joe Lombardi